Datum Datacentres has acquired Manchester-based colo data centre, Teledata UK.
Launched in 2012, Datum was acquired by UBS Asset Management’s Real Estate and Private Markets business in September 2021, with the intention of expanding into key regional markets – of which the acquisition of Teledata is the first. Datum already has a current site located in Farnborough.
The Teledata facility is currently fully utilised and provides room for expansion into an adjacent building on the site.
UBS and Datum were advised by Arup Corporate Finance and Pinsent Masons. The vendors were advised by Blacksquare Advisory and Addleshaw Goddard.
Dominic Phillips, CEO of Datum said, “Manchester has always been our primary target market for expansion and the region continues to show strong growth. 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.”