Antin Infrastructure Partners has acquired UK data center firm Pulsant.
Infrastructure investment firm Antin acquired the firm from Oak Hill Capital and Scottish Equity Partners, who have owned Pulsant since 2014. Terms of the transaction were not disclosed.
Pulsant operates a network of 10 data centers across the UK offering cloud, colocation, and networking services.
“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 customized solutions,” said Rob Coupland, Pulsant CEO. “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.”
Antin said it will work with Pulsant’s management team to implement a “clear growth strategy underpinned by further investment” after the deal has closed.
“Through its network of regional data centers, Pulsant is uniquely placed to support businesses across the UK with high quality flexible data center and cloud infrastructure solutions,” added Simon Söder, Partner at Antin Infrastructure Partners.
Established in 1995 as EdNET and later renamed to Lumison, Pulsant was formed by Bridgepoint Development Capital in 2011 through the mergers of Lumison, Dedipower, and Bluesquare Data. Oak Hill acquired the company in 2014 for a reported £200 million.
Today the company operates around 20MW and more than 140,000 sq ft of capacity across 10 locations in Scotland and England including Reading, Milton Keynes, Newcastle, and Edinburgh.
Antin has previously invested in fiber firms such as CityFibre in the UK, Lyntia in Spain, Eurofiber in the Netherlands and Belgium, and FirstLight Fiber in the US.