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Harrogate’s Redcentric: Data Centre sale helps focus – Northern Financial Review
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Harrogate’s Redcentric: Data Centre sale helps focus – Northern Financial Review
Redcentric plc, the Harrogate-based IT managed services provider (MSP), said the recent £127 million sale of its Data Centre (DC) business is a “transformational deal” allowing it to focus on its attractive MSP opportunity, reduce the leverage on its balance sheet, and return material proceeds to shareholders most likely via a Tender Offer. “Following the planned material reduction in net debt and unburdened by the capital expenditure requiremen…
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