Markley Group Secures $240 Million in New Financing
Posted on April 21, 2015 by Adam Burnham
Financing will Drive New Projects and Expand Service Offerings for New England’s Largest and Longest Operating Data Center
Boston, MA – April 21, 2015 – Markley Group, universally recognized as a world class mission-critical telecommunications and data center operator, announced today that it has secured a $240 million syndicated bank financing package led by TD Bank. The financing will facilitate continued expansion of the company’s One Summer Street regional data center facility in Boston as well as its cloud offerings, and will expedite the development of new sites in New England and other strategic markets throughout the U.S.
"Markley Group has long led by example with our commitment to deliver the most innovative and technologically advanced data center, colocation and cloud offerings," said Jeffrey D. Markley, CEO of Markley Group. "This new and robust financing package allows us to accelerate our growth and explore new projects in new markets, all while continuing to stay true to our customer-centric culture and business model, and delivering unparalleled services as the region’s leading telecommunications, cloud and data center operator."
Companies across all industries understand that data, information and infrastructure are their most important assets. With Markley Group’s best-of-breed cloud and data center solutions, customers can access and protect those assets while saving on upfront costs, taking advantage of strong security and uptime guarantees and easily expanding their footprint as needed.
“Markley Group is a pillar in the Boston and New England communities, as proven by its dedication to customers and continued support of local charities and cultural institutions,” said Kevin Malone, Market President, TD Bank. “It was an honor to lead the company’s new financing package and support its ongoing mission to deliver top of the line data center solutions to organizations across the region and the country.”
About Markley Group
Markley Group owns and operates One Summer Street, one of the largest and longest operating multi-tenant, mission-critical telecommunications and data center facilities in New England. The building’s 920,000 square feet of highly secured white and mechanical space houses more than 250 industry leading companies, including AT&T, NTT, British Telecom, Boston Red Sox, Harvard, MIT, the Boston Internet Exchange, The New York Times and Markley Cloud Services. The carrier-neutral facility enables access to more than 80 independent network providers and 12 utility feeds from multiple substations for uninterrupted, reliable power and service. One Summer Street is maintained by more than 30 on-staff experts, available 24/7/365. To learn more about Markley Group, please visit: www.markleygroup.com.