Gareth Williams, chief executive of data network and corporate cloud services provider Interoute tells CNBC where the company is heading. Play>
Aleph Capital Partners and Crestview Partners have purchased a 30 per cent share in the business Interoute plans to use recent investment to help boost its presence and offerings for UK businesses.
European data centre operator Interoute announced that Aleph Capital Partners and Crestview Partners have agreed to buy a 30 percent stake in the company from Emirates International Telecommunications. Interoute said it expects that the backing of the new investors will enable the company to make more acquisitions and build its business in the UK, US and across Europe. The acquisition is expected to close by the end of April. No financial details were disclosed. Interoute operates over 67,000 km of lit fibre, 12 data centres and 31 collocation centres, with connections to 195 additional third-party data centres.
Britain's Interoute, a high-capacity data network and corporate cloud services provider, is taking on new private equity investors to fund acquisitions across Europe and the United States, the company said on Monday. Aleph Capital Partners, a UK investment firm headed by former Goldman Sachs European private equity investment chief Hugues Lepic, and Crestview Partners, a U.S. private equity firm founded by ex-Goldman colleagues, have agreed to buy a 30 percent stake in London-based Interoute.
IT Europa has announced the winners of the European IT & Software Excellence Awards 2015 - the pan-European awards event for ISVs, Solution Providers and Systems Integrators and their vendor and distributor partners. The finalists were honoured last night at a celebration dinner at the London Lancaster Hotel.