Pulsant has completed a five-year refinancing in a move it says will boost its M&A firepower.
The private equity-backed edge infrastructure provider recently expanded its network of sovereign data centres to 14 via a carve-out deal with SCC.
Under the refinancing, the Maidenhead-based outfit has added four new lenders and increased its total debt facilities to £187m.
Pulsant claimed this will help fuel its “continued expansion” across the UK, including in underserved areas of the country.
This will mean more acquisitions and developing its data centre portfolio and platformEDGE hybrid cloud offering, it added.
In a recent video podcast with IT Channel Oxygen, Pulsant Director of Channels and Ecosystems Wendy Shearer opened up on Pulsant’s efforts to build its partner business (see here, here and here for more).
Pulsant CFO Brad Petzer characterised the refinancing as “the latest in a series of milestones for Pulsant”.
“We are very pleased to be working with some fantastic lenders who are supporting our strategic goal of creating the UK’s leading Edge platform,” Petzer stated.
This article was produced in association with Pulsant and is classified as Partner Content. What is Partner Content? See more here.
