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Announced

EdgeConneX to acquire Global Data Center from Viola Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Israel

Friendly

Majority

Data Centers and Hosting

Pending

Single Bidder

data center operator

Cross Border

Acquisition

Private

Private Equity

Synopsis

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EdgeConneX, a provider of a full range of data center solutions, agreed to acquire Global Data Center, an Israel-based data center operator headquartered in Herzliya, from Viola Group, a private equity investment firm. Financial terms were not disclosed. "I am pleased to announce the expansion of the EdgeConneX global footprint to the Middle Eastern region with the acquisition of GDC. As always, the Company's focus is on its customers and providing them with the capacity they want, where they want it, and when they want it. In the case of Israel, GDC's talented leadership team, strong operational track record and existing infrastructure helps us accelerate meeting these requirements by providing a ready-made solution with a premium platform that is already well established in the market," Randy Brouckman, EdgeConneX CEO.

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