Adam Ecotech Acquired by CVC DIF in Major Data Centre Deal
Deal News | Oct 31, 2024 | Dutch Infrastructure Fund BV
CVC DIF, the infrastructure arm of CVC, has agreed to purchase a 100% stake in Adam Ecotech, a prominent data centre operator in Spain, from Ogic Informatica. This acquisition marks CVC DIF's first foray into the European data centre sector and will be funded through CIF III, CVC DIF's latest Value Add infrastructure fund. Adam Ecotech owns three data centres in Madrid and Barcelona, with 7 MW of capacity, and plans to expand to 12 MW in the future. They provide a variety of digital infrastructure services to over 200 clients. The acquisition aims to support Adam Ecotech's expansion within Spain and into broader European markets. Advisors for the transaction include Linklaters, EY-Parthenon, EY, Colliers, KPMG, and RocaJunyent.
Sectors
- Private Equity
- Data Centres
- Infrastructure
Geography
- Spain – Adam Ecotech operates data centres in Madrid and Barcelona, Spain.
- Europe – CVC DIF aims to support Adam Ecotech's expansion into other European markets.
- Netherlands – CVC DIF is a Dutch-based firm.
Industry
- Private Equity – CVC DIF is a private equity firm involved in acquiring a company within a new sector for their portfolio.
- Data Centres – Adam Ecotech operates in the data centre sector, providing colocation and infrastructure services.
- Infrastructure – CVC DIF is specifically the infrastructure arm of CVC, focusing on long-term asset investments.
Financials
- 100% – CVC DIF is acquiring a 100% stake in Adam Ecotech.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Adam Ecotech | Target Company | Company | A leading data centre operator in Spain owning three centres in Madrid and Barcelona. |
| CVC DIF | Bidding Company | Company | An infrastructure fund part of CVC, focused on long-term investments. |
| Ogic Informatica | Selling Company | Company | The company selling Adam Ecotech. |
| Linklaters | Legal Advisor | Company | Provided legal advisory services to CVC DIF. |
| EY-Parthenon | Commercial Advisor | Company | Advised CVC DIF on commercial aspects of the deal. |
| EY | Financial and Tax Advisor | Company | Provided financial and tax advice to CVC DIF. |
| Colliers | M&A Advisor | Company | Served as M&A advisor to CVC DIF. |
| KPMG | M&A Advisor | Company | Advised Ogic Informatica on the transaction. |
| RocaJunyent | Legal Advisor | Company | Provided legal advice to Ogic Informatica. |