Salute expands European footprint with Keysource acquisition
Deal News | Jan 29, 2025 | PR Newswire Cision Salute
Salute, a global leader in integrated lifecycle services for data centers, has signed a definitive agreement to acquire Keysource Group, a renowned provider of sustainable data center solutions and strategic advisory services in the EMEA region. The acquisition, pending regulatory approval, aims to enhance Salute's ability to meet growing demand for AI-driven infrastructures and deliver scalable and sustainable consulting services globally. Post-acquisition, Salute's EMEA workforce will expand to over 500 professionals, including 130 from Keysource, contributing to a worldwide team exceeding 1,800. This transaction is a significant step in Salute's strategy to strengthen its consultancy capabilities in energy optimization, sustainability, and AI-readiness while differentiating its market offering. The deal is expected to close in early Q2 2025 and aligns with Salute's commitment to investing in talent to enhance service capacities for its global clientele. Salute, established in 2013, operates in over 102 markets, delivering comprehensive solutions for hyperscale, cloud, colocation, and edge facilities with a strong focus on sustainability and talent development. Keysource, with decades of experience, aids the data center industry in achieving operational efficiency, sustainability, and innovation throughout the facility's lifecycle.
Sectors
- Data Center Services
- Information Technology Consulting
- Sustainability Consulting
Geography
- EMEA – The acquisition will enhance Salute's operational capabilities in the Europe, Middle East, and Africa region.
- Global – Salute operates in over 102 markets globally, reflecting the worldwide impact of the acquisition.
Industry
- Data Center Services – The acquisition involves companies providing data center lifecycle solutions and sustainable infrastructure services.
- Information Technology Consulting – Keysource's role as a strategic advisory provider in AI-readiness and data center solutions highlights the industry's relevance.
- Sustainability Consulting – Both companies emphasize sustainable solutions, contributing to their strategic alignment in sustainability consulting.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Salute | Acquiring Company | Company | A global provider of integrated lifecycle services for data centers, known for its focus on sustainability and talent development. |
Keysource Group | Target Company | Company | A leading provider of sustainable data center solutions and strategic advisory services in the EMEA region. |
Erich Sanchack | CEO | Person | CEO of Salute, advocating for the strategic acquisition of Keysource to enhance capabilities in EMEA. |