Ark Continuity Limited, which specialises in the design, construction and operation of high integrity data centres in the UK, has completed a recapitalisation of its business by a consortium led by Revcap Advisors Limited.
The recapitalisation will enable Ark to continue to build out its UK platform by constructing further stock on its current data centre campus locations at Spring Park, Corsham and Cody Park, Farnborough; where Ark has already built and is operating four fully occupied data centres. The existing campuses have the capacity to deliver up to 80 MW of IT load in a variety of modular configurations.
Jeffrey Thomas, founder of Ark, commented: “Having spent a considerable amount of time working with Revcap and the consortium to establish the new corporate structure, the Ark Board is delighted with the result and the enhanced financial capabilities this brings to the business. The improved capital structure and leadership team of the company will position Ark for substantial growth over the coming years.”
“The flexibility of the new equity allows Ark to continue its focus on delivering data centre infrastructure on a scalable, modular basis at campus locations that are built on security and availability without compromising sustainability. This is the philosophy at the heart of everything we do.”
Ark, headquartered in Corsham in Wiltshire, has seen immense growth in interest for its data centre solutions over the past three years. It is one of a small number of companies in the industry that has actually delivered operational facilities for clients throughout the recession. Ark plans to build out its current 80 MW of IT load on a build to suit basis or via its standard modular or bespoke high security data centre designs.