TelecityGroup acquires Internet Facilitators Limited (IFL)

TelecityGroup acquires Internet Facilitators Limited (IFL)

The acquisition consolidates TelecityGroup’s leading position in North West England and offers potential to meet growth of demand in the future.

TelecityGroup, Europe’s industry-leading provider of premium network independent data centres, has acquired Internet Facilitators Limited (‘IFL’), a carrier neutral data centre in Manchester, UK, for £21.1m.
TelecityGroup is expanding its presence in commercial centres across Europe and Manchester offers exciting prospects for significant growth. This acquisition represents a unique opportunity for TelecityGroup and offers a complementary strategic fit with the Group’s existing presence in the city. The IFL facility in Manchester will add 1,600 sqm (1.4 MW) of high quality capacity to the existing Group estate, and has the potential for significant further growth.

Adriaan Oosthoek said, “We are very excited about this development. IFL has an excellent track record in winning and supporting great customers. They have proven operational excellence, driven by a great team of employees and we look forward to welcoming them to TelecityGroup as we work together going forward.”

For further information please contact:

TelecityGroup:
Investors:
Matthew Springett: +44 (0)20 7005 6337

Media:
James Tyler: +44 (0)20 7001 0076

Brunswick: Sarah West/James Olley +44 (0)20 7404 5959

Telecity Group plc
TelecityGroup is Europe’s industry-leading provider of premium network independent data centres offering a range of flexible, scalable data centre and managed services. TelecityGroup specialises in the design, build, and management of highly connected and secure environments in which customers can house their technical, web and internet infrastructure. Each of its data centres acts as a connectivity and content hub facilitating the storage, sharing and distribution of data, content and media. Headquartered in London, TelecityGroup operates 24 network-independent data centres across seven European countries. The data centres are located in prime positions for commerce and connectivity including London, Amsterdam, Frankfurt, Paris, Stockholm, Manchester, Milan and Dublin.

TelecityGroup is listed on the London Stock Exchange (LSE: TCY)
Website: www.telecitygroup.com