Pulsant upgrades both its data centre and its investors
Mon 23 Jun 2014
Cloud hosting specialist Pulsant, which was recently acquired by investment firm Oak Hill, has completed the latest set of improvements to its Tier III data centre in south London as part of an £18m investment programme.
The upgrades, including building its own high voltage (HV) network on site, are intended to boost the site’s levels of redundancy and uptime. The HV network, the first across the company’s 10 data centre network, has enabled it to expand the facility’s power resource.
Matt Lovell, the CTO of Pulsant said: “It enables us to approach future growth in a modular fashion. And the key advantage is that when this is taking place, there will be a minimum of disruption to our existing customers.”
The announcement comes a week after a deal was struck by Pulsant’s owner, Bridgepoint Development Capital (BDC) to sell the business to investment firm, Oak Hill Capital Partners. Terms of the deal were not announced.
Pulsant, formed in October 2010 from the BDC acquisition of Lumison, then embarked on an acquisition programme to create a “one stop shop managed and hosted IT services supplier in the underserved UK mid-market”.
Oak Hill has a focus on the data centre space with investments in US-based ViaWest, and Intermedia.net, a cloud hosting business.
Mark Howling, CEO of Pulsant, said Oak Hill would be an “active partner” and that “having now used most of the funds that BDC had available for us to invest, we are delighted to have identified a new investor that can support our development in the next phase of our long-term growth.”
At the site, in Croydon, the main electrical power supply has been increased and more standby generators have been added. The site now has 2N power generation capabilities.
“We have also added more dark fibre options in terms of capacity and connections to the site,” said Lovell. “These new links have been provided by Zayo Networks and, as with our other dark fibre options, they offer low latency connectivity straight into the heart of London with diverse roots.”