PRESS COVERAGE

Data centre group snapped up by nLighten platform

September 6, 2023

A data centre group with sites in Birmingham, Bridgend, Bristol, Chester, Leeds, Liverpool, Milton Keynes, Nottingham, Rugby and Swindon has been acquired by nLighten, a digital infrastructure platform of I Squared Capital, a global infrastructure investor.

Edge 9 Bristol

Proximity Data Centres operates a network of regional carrier-neutral edge data centres across the UK

RBC Capital Markets acted as financial adviser to nLighten on the transaction.

“Through organic growth and strategic acquisitions this year, nLighten has grown into a leading pan-European edge data center platform with 26 data centers, 53 megawatts of potential capacity and 130 employees,” said Mohamed El Gazzar, senior partner of I Squared Capital in London.

“We are excited that nLighten has grown so quickly and established itself in the three largest data centre markets in Europe: Germany, France and the UK.”

The regional distribution and sustainability credentials of Proximity’s data centres was said to fit well within nLighten’s strategy.

“The acquisition of Proximity brings us a big step closer to our goal of creating the leading pan-European edge data centre platform,” said Harro Beusker, co-founder and chief executive of nLighten.

“Proximity’s edge data centers are a great fit for our portfolio, and the existing management team, staff and assets lay a solid foundation for our ambitions in the UK.”

John Hall, managing director colocation at Proximity, added: “Being part of the nLighten group of data centers will accelerate the expansion of our portfolio of new products and services tailored for the edge computing market.

“We will also be able to provide a highly comprehensive solution to customers looking for a broad network of data centers across multiple European locations.”

https://www.insidermedia.com/news/national/data-centre-group-snapped-up-by-nlighten-platform

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