Hybrid cloud specialists Pulsant has been acquired by Antin Infrastructure Partners for an undisclosed fee.
The acquisition of Pulsant from Oak Hill Capital and Scottish Equity Partners will see additional investment focused toward developing Pulsant’s existing platform and network footprint, according to Antin Infrastructure Partners.
This will see Pulsant CEO Rob Coupland and CFO Brad Petzer work alongside the firm’s experienced management team to implement a new growth strategy.
Pulsant, which operates a nationwide network of 10 data centres across the UK, provides secured, scalable and resilient cloud, colocation and networking services.
The firm works with over 1,000 private enterprise and public sector customers.
Rob Coupland, Chief Executive Officer at Pulsant, said: “We thank Oakhill Capital and Scottish Equity Partners for their support to date.
“In partnership with Antin, we now look forward to delivering on the considerable potential we see over the coming years, driven by our cloud and edge capabilities, our regional presence and our ability to deliver customised solutions.”
Coupland added: “The new investment from Antin will help us continue to focus on our core portfolio of colocation and hybrid cloud, while also bringing reliable, scalable and high-capacity coverage to businesses across the whole of the UK through the building of our nationwide edge computing platform.”
The company sees Pulsant, with its nationwide presence, as uniquely well-placed to seize the huge potential for edge computing in the UK and to meet the growing demand for hybrid IT infrastructure.
Demand for UK data centre and cloud infrastructure is expected to grow significantly in the coming years.
This growth is underpinned by trends including increased outsourcing of IT and data infrastructure – particularly among UK regional businesses – and enables more secure and cost-efficient storage and processing of data.
Simon Söder, Partner at Antin Infrastructure Partners, commented: “Through its network of regional data centres, Pulsant is uniquely placed to support businesses across the UK with high quality flexible data centre and cloud infrastructure solutions.”
Mark Crosbie, Managing Partner of Antin Infrastructure Partners, added: “We are delighted to support Pulsant’s management team in the next stage of the company’s development.
“Rob and Brad have a combined wealth of leadership expertise in the data centre and cloud markets and we look forward to supporting Pulsant with further capital to enable it to meet the growing demand for its offering.”
Source: DIGIT