Salute Acquires Keysource to Expand European Presence
Deal News | Jan 29, 2025 | PR Newswire Cision Salute
Salute, a global leader in integrated lifecycle services for data centers, has announced a definitive agreement to acquire Keysource, a trusted provider of sustainable data center solutions and strategic consulting services in the EMEA region. Subject to regulatory approval, the acquisition will enhance Salute’s capabilities in addressing growing demands for AI-powered infrastructure and providing scalable and sustainable consulting solutions. Post-acquisition, Salute's workforce in EMEA will expand to over 500 professionals, including 130 new employees from Keysource, with global personnel exceeding 1,800. Salute aims to leverage Keysource's talent and expertise to enhance its ability to serve clients in Europe. The acquisition strategy aligns with Salute’s mission to support technological advancements in data center operations across the region, complementing existing capabilities in the Americas. Benefits of the acquisition include European expansion, improved consulting services such as energy optimization, and market differentiation through complementary service offerings. The acquisition is set to close in early Q2 2025 and follows Salute's strategic hires and internal promotions to boost service capabilities for its global customer base.
Sectors
- Data Center Services
- Technology Infrastructure
- Sustainability Consulting
Geography
- United Kingdom – Keysource is based in the UK, and the acquisition enhances Salute's presence in the EMEA region.
- EMEA – The acquisition is targeted at expanding Salute’s operations in the EMEA region.
Industry
- Data Center Services – The article discusses companies that provide integrated lifecycle services for data centers, including sustainable solutions and strategic consulting.
- Technology Infrastructure – Salute aims to enhance its capabilities in AI-driven infrastructure, which falls under the technology infrastructure sector.
- Sustainability Consulting – Keysource provides strategic consulting services focused on sustainability, which is an important aspect of the acquisition.
Financials
- – The financial terms of the acquisition have not been disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Salute | Acquirer | Company | A global leader in integrated lifecycle services for data centers, aiming to expand its EMEA operations through this acquisition. |
Keysource | Target Company | Company | A UK-based provider of sustainable data center solutions and strategic consulting services. |
Erich Sanchack | CEO | Person | CEO of Salute, supporting the acquisition as a strategic move to enhance the company's capabilities in Europe. |