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ISEEK ACQUIRES SOUTH AUSTRALIAN DATA CENTRE, YOURDC - TechInvest Magazine Online

Written by Staff Writers | Oct 4, 2022 10:15:23 AM

Leading Australian digital infrastructure operator iseek has expanded its national footprint, acquiring South Australia’s premier data centre, YourDC. The acquisition broadens iseek’s co-location, cloud, and connectivity offering to seven data centres across Brisbane, Northern Queensland, Sydney, and Adelaide.

YourDC operates South Australia’s largest ecosystem of carriers, cloud, and managed services with two data centres strategically located on either side of Adelaide. It provides data centre co-location and connectivity services to blue-chip government, defence, and enterprise customers. YourDC offers the state’s only Tier 3 rated data centre facility with defence-grade security.

YourDC’s highly experienced management team, led by co-founder and CEO Scott Hicks, will continue to operate, and remain invested in the business.

Queensland-headquartered iseek has been providing critical digital infrastructure and connectivity services to government and national enterprises for more than two decades.

iseek founder and CEO Jason Gomersall said, “Our acquisition of YourDC is game-changing for our growth trajectory. It provides us a large footprint in South Australia, strengthens our national offering, and increases our exposure within the defence and education sectors. The complementary businesses are market leaders in their respective states with proven track records of delivering secure and reliable critical infrastructure to large-scale government and enterprise customers. Importantly, YourDC’s customer-centric culture aligns with ours and we are retaining its high-performing team and valuable long-term customer relationships.

“As the largest data centre provider in South Australia, YourDC is already increasing its IT load capacity to cater to the state’s growing digital infrastructure requirements with future facility expansion opportunities available at its existing sites. The acquisition also enables YourDC to leverage iseek’s platform to cross-sell additional digital infrastructure solutions to its customers.”

YourDC founder and CEO Scott Hicks said, “Our acquisition by iseek will facilitate our next growth phase, expanding our data centre capacity to capitalise on significant market demand and growth opportunities. As founder-led businesses, YourDC and iseek have multiple synergies with the acquisition enabling us to offer additional digital and co-location services.”

Amber Infrastructure, a specialist infrastructure investor and manager, acquired a majority stake in iseek last year to grow the business’ footprint and service offering.

Amber Infrastructure Investment Director, Tristan Evans said, “We see strong growth opportunities for iseek, supported by the industry shift towards outsourced digital infrastructure. This shift is being driven by increased demand for data storage, greater data sovereignty, and the need for data protection in regions prone to natural disasters. iseek is already benefitting from this shift, recently awarded the Queensland Government’s core network data-as-a-service (DCaaS) contract.”