The paint has barely dried on phase 1 of Teraco’s huge new expansion of its Isando data centre but the company is already embarking on its next big build: a massive, R4-billion facility north of OR Tambo International Airport.
Teraco Data Environments plans to invest R4-billion in Africa to meet rising demand for data as the continent’s governments battle the coronavirus.
Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.
Permira is working with an adviser to find a buyer for its data centre company, Teraco Data Environments, people with knowledge of the matter said.
Fast-growing independent South African data centre operator Teraco is being acquired. The deal is being led through funds from international private equity firm Permira. Teraco has quickly established itself as the top “carrier neutral” data centre operator in sub-Saharan Africa since