Virtus Data Centres Ltd
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Virtus Data Centres Ltd - overview
Established
2008
Location
London, -, UK
Primary Industry
Business Support Services
About
Founded in 2008 and based in London, UK, Virtus Data Centres Ltd. is a company that operates as a provider of data centres. The company was co-founded by its CFO, Daryl Seaton. As of 2023, Neil Cresswell serves as the CEO of the company.
In October 2017, ST Telemedia Global Data Centres, a portfolio company of Singapore Technologies Telemedia, acquired Virtus Data Centres. The company offers a diverse range of flexible colocation solutions, including both retail and wholesale models. In addition to colocation services, the company provides high-performance computing solutions that boost productivity, cut costs, and reduce environmental impact; build-to-suit options, allowing organisations of all sizes to gain flexibility; and managed services. VIRTUS improves connection even further by giving direct access to key public, private, and hybrid clouds, as well as a diverse set of Tier I and Tier II connectivity providers, as well as security, serviceNow, and marketplace services.
The organization plans to launch Virtus Berlin 1, a new campus in 2026 that consists of a total of at least 90 MVA of incoming power.
Current Investors
STT GDC Pte Ltd
Primary Industry
Business Support Services
Sub Industries
Data Centers, IT Infrastructure
Website
www.virtusdatacentres.com
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
Virtus Data Centres Ltd - timeline of key events
Virtus Data Centres Ltd - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 232,351 | 2,040,038 | 9,726,000 | 23,573,000 | 36,999,000 | 59,871,000 | 103,669,000 | 129,463,000 | 199,438,000 | - | - | - |
| % Revenue Growth (YoY) | - | 778.0% | 376.8% | 142.4% | 57.0% | 61.8% | 73.2% | 24.9% | 54.1% | - | - | - |
| EBITDA (USD) | (3,258,026) | (3,913,490) | 3,169,000 | 13,344,000 | (308,000) | 5,359,000 | 27,627,000 | 30,794,000 | 64,474,000 | - | - | - |
| Operating Income (USD) | (3,722,742) | (4,142,993) | 3,084,000 | 12,265,000 | (12,421,000) | (12,577,000) | 204,000 | (4,723,000) | 9,205,000 | - | - | - |
| Operating Margin | (1602.2%) | (203.1%) | 31.7% | 52.0% | (33.6%) | (21.0%) | 0.2% | (3.6%) | 4.6% | - | - | - |
| % EBITDA Margin | (1402.2%) | (191.8%) | 32.6% | 56.6% | (0.8%) | 9.0% | 26.6% | 23.8% | 32.3% | - | - | - |
| NET Income (USD) | (4,279,799) | (5,911,011) | (2,759,000) | (773,000) | (27,523,000) | (28,702,000) | (21,966,000) | (34,287,000) | 1,478,000 | - | - | - |
| % Net Margin | (1842.0%) | (289.8%) | (28.4%) | (3.3%) | (74.4%) | (47.9%) | (21.2%) | (26.5%) | 0.7% | - | - | - |
Virtus Data Centres Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, LP Direct | Completed | Virtus Data Centres Ltd | - | ||||||||
| LP Direct | Completed | Virtus Data Centres Ltd | - |
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Virtus Data Centres Ltd - employee data
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