Vocus expands WA presence with data centre acquisition

Vocus Communications has expanded its data centre presence in Western Australia by acquiring the Bentley Data Centre from ASX-listed ASG Group.

The data centre is located on the fringes of the Perth CBD in the Bentley Technology Park and is approximately 4 km from Vocus’s existing Perth data centre. The Bentley Data Centre opened in 2011 and services some of Australia’s largest mining and utilities companies under long-term contracts.

ASG is also a tenant of the data centre providing hosting services to its managed services clients. As part of the acquisition, Vocus will become preferred supplier to ASG for all telecommunications services both locally in Perth and across Australia.

The purchase price for the data centre is $11.7m and is funded from existing cash resources. The acquisition is forecast to generate annualised EBITDA of approximately $2m and to be EPS accretive in the first year.

Vocus CEO James Spenceley said, “The acquisition continues our investment in Perth and provides Vocus with additional resources to serve the fast-growing Western Australia market.”