Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.
  • 23 June 2021 17:53

UK's Amber Infrastructure acquires majority stake in iseek

Leading data-centre platform marks Amber’s first Australian digital infrastructure investment

Amber Infrastructure Group has acquired a majority stake in leading Australian data centre platform iseek Pty Ltd.

The acquisition is the UK-headquartered specialist international investment manager’s first Australian digital infrastructure investment, demonstrating its capability in critical digital infrastructure investment globally. With approximately €5 billion in funds under management, Amber sources develops, advises, invests in and manages infrastructure assets across the public, transport, energy, digital and demographic infrastructure sectors.

iseek is a leading Australian digital infrastructure operator with five purpose-built data centres across Brisbane, Northern Queensland and Sydney. Established in 2000, iseek also provides cloud and connectivity services to a diverse range of enterprise and government customers.

iseek’s existing management team, led by CEO and shareholder-founder Jason Gomersall, has been instrumental to its success and will continue to work with Amber to take the platform on the next stage of its growth.

Amber’s Australian team currently manage 10 investments in over A$7 billion of assets, including the Royal Children’s Hospital, Orange Hospital, Gold Coast Light Rail, and a portfolio of schools in NSW and Victoria.

The transaction demonstrates Amber’s strategic focus on sourcing investment opportunities in the Asia Pacific region and the deep expertise of Amber’s specialist digital team. iseek adds to the high-quality digital investments Amber already manages globally, including Greenergy – a recently acquired data centre platform in Central and Eastern Europe and in the UK, as manager to the National Digital Infrastructure Fund.

Amber’s Head of Asia-Pacific, Vaughan Wallace, said, “This transaction is a significant milestone for Amber and is testament to the strength of Amber’s origination capability and expertise. iseek presents an excellent investment opportunity to support a high-quality, local platform to grow its digital infrastructure service offering in markets underpinned by strong demand dynamics, which have been further amplified by the Covid-19 pandemic.

“Amber has a broad investment focus internationally across super core, core, core plus and value-add infrastructure. Active locally since 2006, Amber’s Australian team is now increasingly focussed across Asia Pacific on mid-market core and core plus infrastructure, including critical digital infrastructure, in line with Amber’s global strategy and expertise.”

CEO of iseek, Jason Gomersall, said, “I am delighted by Amber’s investment in iseek and regard it as a significant endorsement of the robust, high-growth platform that we have built over many years. The depth of Amber’s local and global expertise in digital infrastructure and track record as a long-term manager and developer of key infrastructure assets means they are an ideal partner for iseek as we pursue our next phase of growth.”

Submit a media release