1 minute read

Reading data centre company secures growth investment

A leading provider of data centre space and managed hosting has secured a significant minority investment including follow-on funding from Harwood Private Equity to support rapid growth. The data centre owner and operator, known for its award-winning Tier 3 facility in Reading, is looking to build on its continuing success with ambitious plans for expansion.

Harwood is supporting these plans through an initial investment and through further committed capital.

Jeremy Brade, Partner at Harwood Private Equity, said: “We have been impressed with the Amito management team, its achievements to date and its powerful commitment to accelerate growth and expand. We look forward to working alongside the team to achieve these goals.”

Amito CEO, Ed Butler, added: “We believe we have secured a partner who shares our vision for the business, has extensive experience in our industry and is committed to supporting our goals with their expertise.”

This article is from: