Euclyde, as the leader in France of the regional colocation market develops, owns and operates a network of mid-size regional colocation data centers in France. The company currently runs 7 facilities of Tier 3+ and Tier 4 equivalent grade close to major French cities and plans to open 3 to 4 others in the coming years. Euclyde benefits from a diversified portfolio of clients including high profile clients such as large international groups, banks, public bodies, hospitals, as well as regional SMEs.
Since its inception in 2009, Euclyde has pioneered a vision of a high-end decentralized colocation infrastructure suitable for critical operations while bringing a reduced carbon footprint, a higher resilience and a better compatibility with telecom and power networks as well as data sovereignty and data privacy constraints.
In the future, Euclyde is ideally positioned to respond to the emerging needs of edge computing infrastructures requiring reduced network latency and physical proximity with data consumers and producers for business cases such as the development of online gaming, the massive deployment of the IoT, 5G networks or the launch of autonomous vehicles.
The investment of the Credit Agricole Group will allow to accelerate the growth of Euclyde through the development of new data centers in France.
“The investment of a major bank such as Credit Agricole in Euclyde Data Centers as a long-term shareholder is a guarantee of stability for our clients and partners. Thanks to this partnership, Euclyde will be able in the coming years to continue opening new regional sites and potentially to consider external growth opportunities.” Magdi Houry, Chairman of Euclyde.
Wagram through its TMT and infrastructure teams acted as the exclusive advisor to the shareholders of Euclyde for reviewing the strategic options for the company, identifying a partner suitable for the future development of the company and managing the transaction.
Wagram advised Euclyde Data Centers for the investment of Credit Agricole.