Custodian Data Centres, the UK’s leading colocation provider for MSPs, cloud, enterprise and digital entertainment organisations, has secured a £3.15m investment from alternative lender BOOST&Co, to help develop the build of its new data centre in Dartford. Custodian currently operates its flagship data centre in Maidstone, Kent and has been providing colocation, connectivity and unparalleled data centre services to its customers across the UK for the past ten years.
Due to open in Q2 2022, the new facility will be located less than 15 miles from central London and is being built to support Custodian’s growth, as its current facility nears capacity. The new centre will maintain the energy efficiency focus of Custodian’s flagship facility, delivering an expected PUE of 1.2* and leveraging a closed loop, ultra-free air-cooling system to drive energy efficiency. The data centre has been primarily designed to host the critical IT requirements of cloud, MSP, enterprise, and public sector organisations who require dynamic technical support and agile, mission-critical infrastructure to support their critical applications.
BOOST&Co has chosen to work with Custodian due to its position as an established business in a strong and fast-growing market. The data centre provider has experienced significant growth, fuelled by increased demand for data centre capacity, as a result of increased remote working and digital transformation programmes. The funding from BOOST&Co will aid the build process of the new facility, helping Custodian to meet increased customer demand.
Rowland Kinch, chief executive at Custodian Data Centres says: “As businesses evolve their digital transformation roadmaps, it’s crucial we support their growth by providing energy efficient and agile, mission-critical infrastructure. This investment from BOOST&Co, combined with our existing self-funding, enables us to significantly speed up the development of our second site and support growth for new and existing customers.”
Ryan Sorby, the head of the north and Scotland at BOOST&Co says: “The team at Custodian has already built a very strong business in a great sector, taking advantage of the increasing demand for its services. Our funding will help develop the firm’s new site at Dartford and enable Custodian to double in size during the next 24 months.”
Dom Lillie of Knight Corporate Finance, which advised on the deal says: “We are delighted to have been able to assist Custodian with this venture, which will help the business achieve its ambitious growth plans over the months and years to come.
We have worked with Rowland and the team for a number of years and after introducing them to BOOST&Co it was clear that they were the right partner to assist in funding the next stage of growth as the new data centre goes live and the business aims to expand and introduce its next-generation of data centre solutions to customers”.