Amsterdam, 16 January 2023
Photon Capital announces the acquisition of the colocation business and Paris datacenter campus of Sungard AS France by its portfolio company Penta Infra, a European colocation provider. The completion of this acquisition contributes to Penta Infra’s long-term growth strategy to become a leading colocation player in Europe.
Penta Infra’s portfolio already consists of 10 datacenters in Germany, the Netherlands and Denmark. The acquisition of the Paris datacenter campus opens the French market for Penta Infra. The datacenter campus lays on a 16.000m² plot and offers significant opportunities for expansion. The site is currently a 4 megawatt datacenter and will be developed into a 10+ megawatt datacenter.
Igor Josephus Jitta, Partner at Photon Capital, commented: “We are very excited that Penta Infra is entering the French market with this landmark acquisition. We believe the acquisition will be fundamental to Penta Infra’s ambition for European growth as we are adding a FLAP (Frankfurt, London, Amsterdam and Paris) location to Penta Infra’s portfolio. This is the ideal steppingstone for expanding Penta Infra’s operations further into France as we will be actively looking for add-on acquisitions in the country.”
Patrick van der Wilt, Chief Commercial Officer at Penta Infra, added: “The acquisition of the datacenter campus is a new chapter in our ambition to increase our datacenter footprint in Europe. The high profile customer base, a dense partner-ecosystem that provides a wide range of connectivity and public cloud options, combined with the ability to scale on the campus positions Penta Infra well for developing our business in Europe. Immediate investments to modernize and expand the facilities will provide our current and future clients with one of the most modern and sustainable facilities in Europe where we see our Penta Infra Copenhagen (2022 Award winner ‘most sustainable datacenter project in Denmark’) as reference.”
About Photon Capital
Photon Capital is a specialized investor that builds and transforms platform businesses in digital infrastructure and technology. In-depth industry knowledge, a hands-on approach and broad experience form the main ingredients of our value creation programs.
About Penta Infra
Penta Infra is a rapidly growing provider of edge and hub datacenters in Europe and currently owns and operates 10 sustainable and highly connected facilities in Germany, The Netherlands and Denmark. The datacenters are strategically located on edge locations in Berlin, Hamburg, Dusseldorf, Copenhagen and other major cities, allowing Penta Infra's clients to deliver an optimal digital customer experience to their end users.
For more information: https://penta-infra.com/
About Sungard Availability Services
Founded in 1978, Sungard Availability Services helps businesses transform their IT environments, ensuring they are resilient and recoverable. The company leverages its experience across a broad range of IT landscapes to align the right workloads with the right infrastructures—whether hybrid cloud or legacy.