Eurazeo announces its investment in regional data center provider Etix Everywhere, through the Eurazeo Transition Infrastructure Fund¹ and will partner with the group to support its carbon emission reduction trajectory.
Etix is an established French company operating a network of edge data centers in regional locations, providing colocation services to its customers. Etix is pursuing an expansion strategy based on organic development and on acquisitions, underpinned by the recent acquisition of CIV France, a regional leader in the North of France. Etix is engaged on a sustainable trajectory, having joined the Climate Neutral Data Center Pact.
Through its investment in Etix, Eurazeo will aim to address the challenge of incorporating sustainability considerations into the construction and operation of data centers. The team intends to support Etix in achieving its environmental objectives, notably by securing carbon-free energy supplies. Eurazeo’s investment will also be used to support the company’s development whether organically or through bolt-on acquisitions.
This investment is the fourth made by Eurazeo’s infrastructure team and the first in the digital space. It is in-line with its mandate to invest in the energy and digital transition and contribute to a low-cardon and sustainable economy.
Louis Blanchot, Group CEO Etix Everywhere commented:
“We are delighted to welcome Eurazeo as a new investor in Etix. We deeply think edge data centers will be a key component of tomorrow’s lives. This new funding round is a strategic move to strengthen our leadership position in the French regional market and accelerate our development in Europe where we aim to double our DC portfolio in the next 3 years.”
Melissa Cohen Managing Director at Eurazeo - Infrastructure added:
“We are thrilled to become a shareholder of Etix, supporting its development in the regional colocation market and helping the company strengthening its leadership position in the booming data center regional market. Etix provides high specification data center services to local customers, and we are delighted to be supporting their expansion and to assist them in their decarbonisation pathway.”
David Yuile, Managing Director at GDC concluded:
"We are excited to partner with Eurazeo. With the combination of an European investor and GDC, ETIX now has the financial and strategic support to expand and accelerate its DC platform across its two major markets.”