Salute Expands European Reach with Keysource Acquisition
Deal News | Jan 28, 2025 | PR Newswire Cision Salute
Salute, a global frontrunner in integrated lifecycle data centre services, has announced a definitive agreement to acquire Keysource Group, a well-regarded provider of sustainable data centre solutions in the EMEA region. The acquisition, subject to regulatory approval and expected to close in early Q2 2025, aims to enhance Salute's operational capabilities with the inclusion of 130 Keysource employees, expanding Salute's EMEA workforce to over 500 professionals. This strategic move supports Salute's objective to meet the growing demands for AI-driven infrastructure and scalable advice, by expanding its service offerings in Europe where Salute already has a strong presence in the Americas. Key benefits include European expansion, enhanced advisory capabilities in energy optimisation and AI readiness, and market differentiation through a complementary suite of services. Salute is poised to significantly strengthen its global footprint and competitive edge in the data centre services market.
Sectors
- Information Technology
- Professional Services
Geography
- Europe – The transaction significantly enhances Salute's operations in the EMEA region.
- United Kingdom – Keysource is based in the UK, playing a crucial role in the European data centre industry.
Industry
- Information Technology – Salute and Keysource operate in the data centre services sector, focusing on IT infrastructure and solutions.
- Professional Services – Both companies are involved in providing advisory and consultancy services related to data centre management.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Salute | Acquirer | Company | A leading provider of integrated lifecycle services for data centres. |
Keysource Group | Target | Company | A provider of sustainable data centre solutions and advisory services in the EMEA region. |
Erich Sanchack | CEO of Salute | Person | CEO of Salute endorsing the acquisition. |