Data center company Etix Everywhere has received a $46.8 million investment from European private equity firm Eurazo. The funding was obtained by Etix Everywhere's French division through Eurazo's infrastructure strategy, according to a report this week from Global Data Centre Group (GDC), valuing the firm at $116.6 million. The funds will be used to invest in expansion possibilities in Europe, with an emphasis on France and Southeast Asia, as well as to pay off the debt incurred to buy data center company CIV France last year.
In 2020, Global Data Centre Group, an ASX-listed company, purchased the remaining portion of Etix after Vantage had acquired the majority of its European hyper-scale presence. Little Edge facilities are run by the corporation in Colombia, Belgium, and France. Etix bought CIV in September 2022, and the transaction was finalized by the end of the year. The firm, which was founded in 1974, operates two facilities: the 1.2 MW, 370 rack ADC1 facility west of Lille and the 1.5 MW, 486 rack ADC2 facility, which debuted in 2016 and is located near Valenciennes.
