Datum Datacentres has acquired fellow UK data center operator Teledata.
The company this week announced its acquisition of Teledata UK, a colocation data center in Manchester.
Datum, itself acquired by UBS last year, said the deal represents its first ‘bolt-on regional acquisition’ as part of its regional expansion strategy. Terms of the deal were not disclosed.
“Manchester has always been our primary target market for expansion and the region continues to show strong growth,” said Dominic Phillips, CEO of Datum. “Teledata has had a presence in the Manchester market for many years and its recent rapid growth consolidates this position. With an additional fully powered and adjacent site secured for immediate development we look forward to providing further quality colocation capacity to the Manchester market.”
Matt Edgley, commercial director at Teledata, added: “The acquisition is fantastic news for the Teledata team and for the Manchester region. Having worked closely with the Datum Management Team previously, I know that we’re in the ideal position for Teledata and our clients to benefit from an aligned approach to quality, the environment and service levels as we continue to invest in and deliver the highest quality sites in the region, with the strong backing and commitment of UBS.”
Founded in 2004 and based in Wythenshawe, Manchester, Teledata’s existing facility opened in 2007 offers colocation, cloud, dedicated server hosting, and workplace recovery services across 70,000 sq ft (6,500 sqm) of floor space. The company announced plans to open a fifth data hall at the site in May 2022; the 1,200 sq ft (111 sqm) expansion will deliver an additional 120kw of power and is scheduled to open in July 2022.
In June, the company announced plans to open a second Manchester site later this year that will offer up to 25,000 sq ft (2,300 sqm) of data center space and 4MVA of capacity. The first three of up to 10 data halls should be coming online in Q3/Q4 2022.
Launched in 2012, Datum operates the Datum FRN1 facility in the QinetiQ Cody Technology Park in Farnborough, located outside London. The 40,000 sq ft (3,716 sq m) facility was built by KeySource in 2012.
The company was acquired by funds managed by the UBS Asset Management (UBS-AM) Real Estate & Private Markets business (REPM) in September 2021.
Andrew Morris, managing director – head of infrastructure equity for UBS said: “This transaction represents the ongoing commitment of UBS-AM to this strategically important, fast-growing, and high-performing sector. The attractiveness of this opportunity has also allowed UBS to bring in additional long term capital from one of the largest global pension funds to support the growth of the Datum platform. It will deliver attractive returns to investors whilst enabling further investment into the critical digital infrastructure that underpins economic growth in Manchester and the North West.”
UBS and Datum were advised by Arup Corporate Finance (financial) and Pinsent Masons (legal). The vendors were advised by Blacksquare Advisory (financial) and Addleshaw Goddard (legal).
