Vantage Data Centers has signed a definitive agreement to acquire Canadian-based 4Degrees Colocation from Videotron for approximately $200 million, subject to certain post-closing adjustments.
This transaction will expand Vantage’s coast-to-coast presence in North America to five markets, up from two markets 12 months ago. The acquisition will add existing data centers in Montreal and Quebec City, which will bring Vantage’s total number of operational facilities to nine and total number of data centers under development to four.
4Degrees operates two facilities in Montreal and Quebec City. The two data centers are Tier III design and construction certified by the Uptime Institute.
Upon transaction closing, Vantage will immediately initiate significant expansion projects in both markets to accelerate 4Degrees’ original plans to bring total capacity up to 31MW.
Maxime Guévin, an experienced leader in the construction, sales and management of data centers, will become vice president and general manager of Vantage Canada. Guévin is currently the general manager of 4Degrees Colocation, where he has served for the last four years.
