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Amito closes £38.7M funding deal with Hardwood Private Equity

Reading-based, Amito secures £38.7 million as funding from Hardwood Private Equity for further expansion and growth-support.

Amito owns the largest, secured and efficient data centre in Reading, which provides quality colocation services with its network of 20 facilities across the UK.

Amito is known for its award-winning Tier 3 data centre facility, and is looking forward to growing with its colocation services.

The acquisition of Crosspoint in the year 2016, expanded their reach in colocation services offering capacity.

Amito’s secure data centre facility, network facilities across the UK and a wide range of colocation service offerings established as a trusted brand. Their comprehensive, secure and award-winning data centre facilities add rapid growth with the increasing customer base.

Amito’s customisable, intuitive and advanced customer ERP portal bridging the transparency between the customer and their data storage. It provides feasibility to operate, manage and check on customer’s IT estate through single point references.

Their increased data bandwidth capacity, hybrid connectivity solutions and fully managed infrastructure are proving their business excellence.

Amito CEO, Ed Butler comments: “We are delighted to announce the investment partnership with Harwood. 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. We are proud of Amito’s success so far and are keen to realise the next phase of our growth strategy alongside Harwood.”

Jeremy Brade, Partner at Harwood Private Equity, commented: “Amito has proven itself to be an exceptional regional data centre delivering consistently distinguished service to its growing customer base. 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.”

The post Amito closes £38.7M funding deal with Hardwood Private Equity appeared first on UKTN (UK Tech News).

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