Investment firm CVC acquires Spanish colo provider Adam Ecotech
Nov 02, 2024
Posted by
Abdul-Rahman Oladimeji
Published in
Europe
CVC DIF, the infrastructure arm of leading global private markets manager CVC, this week announced it has agreed to acquire Adam Ecotech. CVC said it will support Adam Ecotech in its expansion into other regions of Spain and the wider European market. Adam Ecotech owns three operating data centers across Barcelona (x2) and Madrid, totaling 6,900 sqm (74,270 sq ft) and 7MW of capacity and is in the process of developing a greenfield data center in Barcelona and expanding its existing infrastructure to reach up to 12MW of capacity.
“I am incredibly proud of the progress our team has made in establishing Adam Ecotech as a trusted provider of data center 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,” said Jose Mejias, CEO of Adam Ecotech.
Willem Jansonius, partner and head of the DIF value add funds at CVC DIF, added: “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 center 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.”
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