UK managed services provider Redcentric is exploring a potential sale of its data center business.

“The board of directors of Redcentric plc, a leading UK IT managed services provider, notes the recent press speculation regarding its business unit, Redcentric Data Centres Limited,” the company said in an announcement this week. “Redcentric plc confirms that it is in the advanced stages of discussions concerning the potential sale of this business unit. However, there can be no certainty that a transaction will occur and further updates will be provided as appropriate.”

Redcentric’s portfolio of data centers currently totals eight facilities with 41MW of capacity.

The company built up its portfolio via the acquisition of UK colocation provider 4D Data Centre in 2022, as well as the acquisition of three Sungard data centers in the UK the same year. They were rebranded under the Redcentric Data Centres name.

4D operated a 6,500 sq ft (603 sqm), 1MW data center in Byfleet, Surrey, that opened in 2008, as well as a 10,000 sq ft (929 sqm), 3MW facility in Crawley, West Sussex it acquired from BT in 2016. The company also leased space in a Telehouse facility in London and a Custodian facility in Maidstone, Kent.

The Sungard deal saw the company take over London Hounslow LTC Data Centre and Recovery Centre, along with the Woking TC3 facility, and the Elland TC4 Data Centre and Recovery Centre.

Prior to these acquisitions, Redcentric operated four data centers in the UK in Harrogate, London, Reading, and Cambridge, totaling more than 50,000 sq ft (4,650 sqm). Redcentric bought the City Lifeline data center in London for £4.8 million ($6m) back in 2016.

Today, Redcentric offers services from sites in London (x2 – Shoreditch and Hounslow), Woking, Gatwick, Byfleet, Reading, Cambridge, and Elland in West Yorkshire.

The company says it serves a “diverse blue chip customer base, providing critical services to Enterprise-grade clients and government entities reliant on secure data centers and uninterrupted connectivity.”

Last year Redcentric was in talks to be acquired by cloud firm Wiit, but a deal never materialized.