Markley Group Secures $240 Million In New Financing
The new financing will drive new projects and expand service offerings for New England’s longest operating data center.
Markley Group has announced that it has secured a $240 million syndicated bank financing package led by TD Bank. The financing will facilitate continued expansion of the company’s One Summer Street regional data center facility in Boston as well as its cloud offerings, and will expedite the development of new sites in New England and other strategic markets throughout the U.S.
"Markley Group has long led by example with our commitment to deliver the most innovative and technologically advanced data center, colocation and cloud offerings," said Jeffrey D. Markley, CEO of Markley Group. "This new and robust financing package allows us to accelerate our growth and explore new projects in new markets, all while continuing to stay true to our customer-centric culture and business model, and delivering unparalleled services as the region’s leading telecommunications, cloud and data center operator."
Companies across all industries understand that data, information and infrastructure are their most important assets. With Markley Group’s best-of-breed cloud and data center solutions, customers can access and protect those assets while saving on upfront costs, taking advantage of strong security and uptime guarantees and easily expanding their footprint as needed.
“Markley Group is a pillar in the Boston and New England communities, as proven by its dedication to customers and continued support of local charities and cultural institutions,” said Kevin Malone, Market President, TD Bank. “It was an honor to lead the company’s new financing package and support its ongoing mission to deliver top of the line data center solutions to organizations across the region and the country.”