eStruxture Data Centers snaps up Kolotek amid $180m growth plans
eStruxture Data Centers has acquired Québec-based data centre operator Kolotek from Gaz Métro Plus, further solidifying eStruxture’s leadership position in the Montreal market.
The move will allow both eStruxture’s and Kolotek’s existing customers to take advantage of multiple physical locations in the greater Montreal region, improving multi-site and disaster recovery options while adding to eStruxture’s collective pool of network providers.
“We are excited by the opportunity to give all our customers more - more locations, more network connections, and more choice,” said Todd Coleman, president & CEO of eStruxture, which recently announced that it has secured $180 million in committed capital to enable greater velocity of our organic and inorganic growth plans.
“Our strategy is to expand across Canada while building capacity and a greater depth of products, all in the service of giving customers more. And with our enhanced balance sheet courtesy of our new invested capital and debt facility, our position is stronger than ever.”
The acquisition will improve multi-site and disaster recovery along with high-capacity multi-site options, providing growth potential for new and existing customers. The number of sites have been expanded to three – Kolotek on the South Shore, eStruxture’s flagship downtown data centre and carrier hub, and eStruxture’s recently announced hyperscale, 30MW data centre at the site of the former Montreal Gazette printing facility targeted to come on-line in Q2 2018. All three sites will be connected with high speed network access, providing seamless integration of customer infrastructure across all sites.
Yvan Lefebvre, general manager of Kolotek, added: “We are very proud of the data centre business we have built since 2009 and recognised some time ago that our customers would require more capacity, more locations and more network connections to continue to grow their businesses. We believe this transaction is the right move both for our customers, and for the continued growth of the data centre business built by our Kolotek team.”
Once the transaction is complete, eStruxture will have close to 900 customers from over 30 countries globally.