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New Deal


Announced

Completed

I Squared Capital-backed nLighten completed the acquisition of Proximity Data Centres from Edge Data Centres.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Data Centers and Hosting

United Kingdom

data centres

Acquisition

Majority

Private Equity

Completed

Friendly

Single Bidder

Cross Border

Private

Synopsis

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I Squared Capital-backed nLighten, a global infrastructure investor, completed the acquisition of Proximity Data Centres, edge platform in the UK with ten carrier-neutral edge data centres, from Edge Data Centres, a data centers services provider operating a global platform. Financial terms were not disclosed “The acquisition of Proximity brings us a big step closer to our goal of creating the leading pan-European edge data centre platform. Proximity’s edge data centres 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,” Harro Beusker, nLighten co-founder and CEO.

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