The Datacenter Group Acquires Two Data Centers
The facilities were owned by the biggest Rabobank investment fund.
The Datacenter Group (TDCG) acquired two data centers from the Rabo Bouwfonds Communication Infrastructure Fund. As a result of this takeover, TDCG has become the largest 100% Dutch data center provider and answers the growing need for securely storing data on Dutch soil. The acquisition was financed with cash and debt only.
Largest Dutch player
With this takeover TDCG owns over 20.000 square meters (m2) of server space and a 30 MegaWatt data center capacity in Amsterdam, Delft, Utrecht, and Rotterdam. “It’s quite remarkable that we’ve been able to grow to our current size surrounded by a plethora of international giants, and that we’re still able to finance this expansion with our own funds,” says Siemon van den Berg, founder and CEO of TDCG. The goal is to grow a national network of data centers in all regions of the Netherlands. In addition to founder and CEO of TDCG, Van den Berg is also one of two shareholders. The other shares are in hands of Ali Niknam, founder and CEO of internet bank bunq.
Securely storing data on Dutch soil
Ever since the introduction of the GDPR, a growing need prevails among organizations that process privacy sensitive data to ensure their data can be stored under Dutch law.
“For many of our clients, such as Erasmus MC, the municipality of Delft, and pension insurer Brand New Day, it’s important to have their data physically close by. Thanks to this acquisition we can accommodate clients in the greater Amsterdam region with a data center in their own backyard,” said Van den Berg.
Foundation of the cloud
TDCG is one of the ‘foundations’ of the cloud because many large cloud providers use its data centers and connectivity. The company also provides services directly to organizations that wish to have a combination of their own equipment and a public or private cloud solution, such as hospitals, schools, governmental bodies, ministries, and businesses.
“We provide independent and neutral advice about the best route to the cloud. This is one of the reasons our clients like to use us as sparring partner,” said Van den Berg.