ISEEK, a leading data centre, cloud and connectivity company, is poised for its next phase of growth after securing a major investment coup.
The Brisbane-headquartered innovator in digital infrastructure has secured a long-term partnership with a new majority stakeholder, Amber Infrastructure Group (‘Amber’).
iseek’s announcement of its new ownership structure and partnership with the specialist international infrastructure investment manager is the next step in the evolution of the company which has expanded its data centre portfolio recently with a second flagship facility at Brisbane Airport and a Townsville facility in 2019.
It is Amber’s debut digital infrastructure investment in Australia.
“This partnership is a significant milestone for iseek and Australia’s digital infrastructure sector,” said iseek founder and CEO Jason Gomersall.
“It’s a fantastic endorsement of what we’ve built over the past 22 years servicing a national customer base and we’re very proud Amber has chosen to invest in us as their digital infrastructure platform of choice in this market.
“The depth of Amber’s global expertise in infrastructure and track record as a long-term manager and developer of infrastructure assets internationally makes them an ideal partner for iseek as we pursue our next phase of growth.”
Mr Gomersall said he will continue in his role as iseek’s CEO with the existing management team.
“Amber is a great fit to take the company on the next part of our journey and will play an instrumental role in supporting the future development of the business.”
Mr Gomersall noted that while markets had already acknowledged the importance of the technology infrastructure that underpins most of modern life, COVID-19 had dramatically accelerated that acceptance with the pandemic driving focus on connection speeds, cloud adoption and the resilience and security of data centre services.
“Companies like iseek provide the digital infrastructure that underpins our modern existence and that is now deemed as critical as a hospital or a rail operation,” he said.
Amber’s Head of Asia-Pacific, Vaughan Wallace, said he was delighted to announce the addition of iseek to its portfolio of critical digital infrastructure investments globally.
“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 through the COVID-19 pandemic,” he said.
Amber’s portfolio includes a number of existing digital infrastructure investments both in Central and Eastern Europe through the Amber-advised Three Seas Initiative Investment Fund and in the UK, as manager of the National Digital Infrastructure Fund.
Its other significant investments in Australia include the Gold Coast Light Rail and the Royal Children’s Hospital in Melbourne.
With a track record extending over 20 years as a pioneering data centre and cloud services provider, iseek offers Enterprise and Government customers Australia-wide — whether in urban, rural or regional areas — the security, reliability and scale they could expect to find in major urban areas. Established in 2000, iseek has developed purpose-built data centres to become a leading digital infrastructure operator in the Australian market. Through its network of five data centres across Brisbane, Northern Queensland and Sydney, it provides data centre, cloud and connectivity services to a diverse range of Enterprise and Government customers.
About Amber Infrastructure Group
Amber Infrastructure (‘Amber’) is a specialist international investment manager, focused on investment origination, asset management and fund management. With approximately €5 billion in funds under management, Amber invests across seven funds and a number of managed accounts. Amber’s core business focuses on sourcing, developing, advising, investing in and managing infrastructure assets across the public, transport, energy, digital and demographic infrastructure sectors that support the lives of people, homes and businesses internationally.
Amber is headquartered in London with offices in Europe, North America and Australia and employs over 150 infrastructure professionals.