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Transaction
Etix Everywhere raises €15m

Date
February, 2015
Sectors

Datacenter

Deal type

Private Placement

Deal locations

France

Deal Team
IMG_5483 (2)_JPG.avif
Sandrine
Vergnory-Mion
M&A Advisory
Background
  • Founded in 2012, Etix Everywhere provides a highly innovative solution of carrier-neutral and smart data centers (which can be sold or leased). Based on three years of R&D and tried and tested with tier-1 clients, Etix Everywhere’s approach is extremely disruptive for the data center market, which is an €80bn market, forecasted to grow steadily in the next 5 years.

  • Established in 2008, InfraVia is an independent investment company specializing in the infrastructure sector. OFI Asset Management, its main shareholder is one of the most important French asset management companies with almost 62 billion Euros in assets under management.

  • Tiger Infrastructure Partners is an independent private equity firm focused on middle-market infrastructure investment opportunities and related businesses in North America and Europe. The firm is focused on investing in power, renewable energy, natural resources infrastructure, waste management, water, transportation, communications, and related sectors.

Process
  • Based on three years of R&D and tried and tested with tier-1 clients, Etix Everywhere’s approach is extremely disruptive for the data center market, which is an €80bn market, forecasted to grow steadily in the next 5 years.

  • This €15m investment will enable Etix Everywhere to boost its international go-to-market while at the same time expand its technical team to enable global coverage. The demand for their product is booming, driven by the exponential growth of the need for flexible hosting capacity. Their modular datacenters are both cheaper and faster to market to meet the quickly evolving needs of global customers.

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