September 18, 2014 9:59 AM ET

IT Services

Company Overview of Pulsant Limited

Company Overview

Pulsant Limited provides IT infrastructure services to the mid-market in the United Kingdom. It offers colocation, cloud, managed hosting, managed networks, and managed application services for customers ranging from SMEs to large private and public sector organizations. The company’s services include cloud computing; and managed server, dedicated hosting, storage, load balancing, back-up, connectivity, security, and firewalls. It serves customers in various industries, such as retail and eCommerce, digital and creative agencies, ISV and SaaS, financial services, professional services, manufacturing and process, and eLearning. The company was formerly known as Lumison Ltd. and changed its na...

Cadogan House

Rose Kiln Lane

Reading,  RG2 0HP

United Kingdom

Founded in 1995

Phone:

44 84 5119 9900

Fax:

44 84 5119 9901

Key Executives for Pulsant Limited

Group Chief Executive Officer and Director
Chief Financial Officer and Director
Chief Operating Officer
Chief Technology Officer and Director
Director of Voice Services
Compensation as of Fiscal Year 2014.

Pulsant Limited Key Developments

Pulsant Seeks Acquisitions

Mark Howling, Chief Executive Officer of Pulsant Limited, says, "We expect continued significant consolidation amongst suppliers in this dynamic market, and we believe Pulsant is well-positioned to expand its leadership position by executing on targeted acquisitions, bringing additional capabilities to benefit Pulsant and its customers. As we considered our strategic options for the business, there was a lot of interest, but Oak Hill emerged as the preferred partner, having a strong understanding of the market and of businesses like Pulsant. Oak Hill will be an active partner and we are very much looking forward to working with them. I would also like to thank BDC, which has been an excellent investment partner. The business has made significant progress under its ownership, increasing profitability and cash flow, and broadening and strengthening the services and facilities that Pulsant offers. Having now used most of the funds that BDC had available for us to invest, we are delighted to have identified a new investor that can support our development in the next phase of our long-term growth." David Scott, Principal at Oak Hill Capital Partners, says, "We are pleased to be investing in Pulsant and to be supporting Mark Howling and the rest of the Pulsant management team as the company continues its strong growth trajectory. With this transaction, Oak Hill builds upon a decade of significant data centre expertise, where Oak Hill has a demonstrated track record. We believe Pulsant is well positioned to grow in the data centre services market with clear and sustained demand for its services. We look forward to further building the Pulsant franchise."

C4l Signs 3-Year Contract Renewal with Pulsant

Pulsant announced that long-term customer C4L has signed a new 3-year contract.

Pulsant Announces Executive Changes

Pulsant appointed Nigel Shaw as Chief Operating Officer. Mark Howling, Shaw will be responsible for ensuring the effective delivery of Pulsant's services, an operation of its solutions and the development of its services platform. Shaw replaces Aydin Kurt-Elli, who founded Lumison as an Internet Service Provider in 1995 and was its CEO until it was acquired by Pulsant in October 2010, when he became COO of the new company. Kurt-Elli remains at Pulsant as a non-executive director. Shaw moves to Pulsant from Hewlett-Packard, where he held various leadership roles and was most recently managing director and vice president of HP Defence UK. Prior to HP he worked for a number of IT and network service providers, as well as several smaller Internet Service Providers.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 16, 2014
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