Browsing: Permira

Photos: Inside Africa’s biggest data centre

Carrier-neutral data centre operator Teraco will complete its giant new data centre, Riverfields in Bredell on Johannesburg’s East Rand, by the end of the year. The facility will be the largest data centre in Africa, and

Teraco raises R1,2bn in new funding

Rapidly expanding data centre operator Teraco has raised a R1,2bn medium-term funding facility from Absa, allowing it to complete its new facility in Isando, east of Johannesburg, while also investing in its new, nearby data centre at

Behind Permira’s Teraco deal

The investment by UK-based private equity firm Permira into one of sub-Saharan Africa’s biggest data centre companies, Teraco Data Environments, is another marker that private equity players in Europe and the US are taking investing in South African and Africa

Teraco raises R400m for expansion

Fast-growing independent data centre operator Teraco Data Environments has increased the size of its medium-term funding facility to R400m. The additional funding has been secured from Barclays Africa

Private equity player swoops on Teraco

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