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October 31, 2024

CVC DIF to acquire leading data centre operator Adam Ecotech

  • News
  • Spain

CVC DIF has agreed to acquire a 100% stake in Adam Ecotech, the data centre operator, with operations in Madrid and Barcelona, from Ogic Informatica.

  • Adam Ecotech owns three operating data centres in Barcelona and Madrid, with 7MW of enabled capacity.
  • This acquisition represents a landmark investment – CVC DIF’s first acquisition in the data centre sector in Europe.
  • CVC DIF will support expansion in other key regions of the country and across the European market.

 

CVC DIF, the infrastructure arm of leading global private markets manager CVC, has agreed to acquire Adam Ecotech, a prominent colocation data centre operator in the Spanish market.

CVC DIF will support Adam Ecotech in its expansion not just into other regions of Spain, but into the European data centre market more broadly.

Adam Ecotech owns three operating data centres in Barcelona and Madrid, encompassing a total floorspace of approximately 6,900 sqm and capacity of 7 MW. It is also in the process of developing a greenfield data centre and expanding its existing infrastructure to reach up to 12 MW of capacity in the coming years.

The company provides colocation housing, infrastructure as a service, cloud services, and other related solutions to a diverse customer base of over 200 clients. The company’s growth relies on a highly skilled team with extensive industry experience, led by CEO Jose Mejias.

“I am incredibly proud of the progress our team has made in establishing Adam Ecotech as a trusted provider of data centre services in Spain. Our success has been driven by a relentless commitment to our clients, accompanying them in their growth, and ensuring we delivered the highest operational standards. We are excited to embark on the next phase of our growth journey, which will enable us to enhance our infrastructure and expand our services to meet the growing demand for digital solutions” said Jose Mejias, CEO of Adam Ecotech.

Willem Jansonius, Partner and Head of the DIF Value Add funds at CVC DIF commented: “With its exceptional track record of providing reliable and secure digital infrastructure, Adam Ecotech is positioned as a key player in a rapidly growing market.”

“This acquisition provides us with a strong entry point into the European data centre market, establishing a solid platform for future growth in the region.

“We are excited to support the next phase of growth, providing both capital and strategic guidance and look forward to collaborating with the management team to strengthen its presence in Spain and beyond.”

CVC DIF has been advised by Linklaters (legal advisor), EY-Parthenon (Commercial advisor), EY (financial and tax advisor) and Colliers (M&A advisor). Ogic Informatica has been advised by KPMG (M&A advisor) and RocaJunyent (legal advisor).