Deal typeCapital Markets & Private Equity & Transaction Services
IndustryReal Estate
Client nameStellium Datacentres Limited
Stellium Datacentres Ltd has completed the acquisition of Digital 9 SeaEdge Ltd for £10.7m.
Digital 9 SeaEdge Ltd owns Data Centre 1 located in Cobalt Business Park, Newcastle-upon-Tyne which is one of the largest purpose built datacentres in the UK. The vendor was Digital 9 Infrastructure plc which is listed on the London Stock Exchange. The transaction is part of a wider managed wind down by the vendor.
Stellium Datacentres Ltd is the tenant and operator at Data Centre 1, Cobalt Business Park. The transaction was backed by Tiger Infrastructure Partners, an investor in Stellium Datacentres Ltd.
BDO provided financial and tax due diligence and tax structuring services in support of the transaction.
The BDO project team included:
Craig Martin, Andrew Porteous Ross Moore (Financial due diligence)
James Paterson, David McComb and Heather Docherty (Tax due diligence and structuring)
Digital 9 SeaEdge Ltd owns Data Centre 1 located in Cobalt Business Park, Newcastle-upon-Tyne which is one of the largest purpose built datacentres in the UK. The vendor was Digital 9 Infrastructure plc which is listed on the London Stock Exchange. The transaction is part of a wider managed wind down by the vendor.
Stellium Datacentres Ltd is the tenant and operator at Data Centre 1, Cobalt Business Park. The transaction was backed by Tiger Infrastructure Partners, an investor in Stellium Datacentres Ltd.
BDO provided financial and tax due diligence and tax structuring services in support of the transaction.
The BDO project team included:
Craig Martin, Andrew Porteous Ross Moore (Financial due diligence)
James Paterson, David McComb and Heather Docherty (Tax due diligence and structuring)