Daisy Group is to manage the 2e2 Data Centre business which has been bought by Oakley Capital Private Equity following 2e2 Group going into administration earlier this month.
Oakley Capital, which is a shareholder in Daisy Group, bought the business and assets through a special purpose vehicle, Daisy Data Centre Solutions, and appointed Daisy to manage it.
Daisy Group had run the rule over acquiring 2e2's entire business when it went into administration but had walked away from negotiations. The contract to manage the data centre will increase Daisy’s foothold in this market.
Daisy Group will work with existing data centre employees of the business to provide data and hosting services from its data centres in Gateshead and Reading. Combined together, these data centres will double the amount of data centre power available to the group’s customers.
Matthew Riley, CEO of Daisy Group, said: ‘This appointment provides 2e2 customers with the opportunity to work with a long-term partner with proven expertise in the growing data and hosting market.
‘Through the additional data centre facilities the Group is in a position to significantly expand its data and hosting footprint, providing stability to existing 2e2 customers and offering further expertise and resource to Daisy customers.’