Maven supports CWCS Managed Hosting through MEIF II

CompuWeb Communications Services, a managed hosting provider with a focus on sustainable, energy-efficient data centres, has secured a £500,000 debt finance package from the British Business Bank's Midlands Engine Investment Fund II via Fund Manager for East and South East Midlands, Maven.

Founded in 1999 by Karl Mendez, CWCS Managed Hosting provides cost-effective IT hosting services via its own physical dedicated servers, Private and Public Cloud solutions, and Server Colocation. The company operates from its own data centre in Nottingham and leases space in facilities across Manchester and London, as well as maintaining a presence in North America. 

The business is also committed to sustainability, with its Nottingham data centre designed for energy efficiency, featuring advanced cooling systems and a Power Usage Effectiveness (PUE) rating of 1.15. All hosting solutions are powered entirely by 100% renewable energy.

CWCS serves a diverse client base, including SMEs, large corporates such as Hillary’s Blinds and Jonas Sports, part of Constellation Software group of companies, and public sector organisations including the NHS and Cornwall Council. 

The funding will enable CWCS to expand its colocation hosting services, offering businesses dedicated space in a data centre to house its IT infrastructure while benefiting from professional management and security. The company recently acquired a new property in Nottingham to expand its data centre footprint, supporting its strategy to meet growing demand from SMEs and larger clients alike.

The company’s expansion aligns with broader trends such as the rise of edge computing and increased demand for environmentally responsible hosting.

“We are seeing increasing demand for colocation hosting, driven by businesses seeking flexible, cost-efficient, and energy-conscious solutions for their IT infrastructure. This funding from Maven and the Midlands Engine Investment Fund II allows us to accelerate our growth in this space, enhancing our capabilities while maintaining our commitment to outstanding customer service."

Karl Mendez, CEO of CompuWeb Communications Services

"CWCS has built a strong reputation for high-quality hosting services, underpinned by a commitment to security, reliability, and customer focus. With colocation hosting representing a significant growth opportunity, this funding will support the company’s strategic expansion while enabling more businesses to benefit from its expertise. We are pleased to support Karl and his team as they scale up their operations. We would also like to thank Maria Smith at The CFO Centre, whose introduction facilitated this partnership.”

Jonathan Lowe, Partner – Regional Debt Funds at Maven

"The Midlands Engine Investment Fund II supports the region's small businesses with high growth potential, helping them access the right type of finance for their business needs. This investment will fuel the company’s expansion, broadening its offerings and driving positive economic growth both within the Midlands and across the wider region.”

David Tindall, Senior Investment Manager at British Business Bank

To date, the Fund has backed a diverse range of businesses including, Sunset Commercial, a commercial brokerage business, Digital Urban, an immersive technology company, Panoramix, an IP law firm, Advance Tapes, an independent adhesive tapes manufacturer, DUKE Distribution, a logistics and trackway installation provider and Vision4Sport, a sports hospitality specialist.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is considering debt finance to support future growth please, click here.