TelecityGroup acquisition of UKGrid Group

TelecityGroup acquired UKGrid Group, a leading UK data centre operator for £11.7m. The acquisition of UK Grid will immediately add approximately 1.5 megawatts of high quality carrier neutral capacity to TelecityGroup’s existing estate in the North West with the potential for further expansion. Torch Partners acted as financial advisor to TelecityGroup on the acquisition.

URL: 

http://www.telecitygroup.com

Target

UKGrid Group

Sector

Hosting and Internet Infrastructure

Product

M&A

£11,700,000
Acquisition of
September 2011