firstcolo owns two state-of-the-art Tier III + data centres in Frankfurt which are 100 % powered by green electricity . The business was founded in 2007 and expanded through the acquisition of Accelerated IT in 2017 .
Since welcoming EMERAM and diva-e as new majority shareholders , the management team achieved substantial growth of firstcolo ’ s revenues and profitability around its core colocation offering , as well as by entering new high-growth areas such as private cloud solutions . firstcolo ’ s strong ‘ platform ’ characteristics and significant growth prospects supported by an increasing demand for colocation and cloud solutions across Germany represent an attractive proposition for Cube ’ s buy-andgrow strategy .
“ Cube IM invests in businesses which capitalise on megatrends driving the
need for sustainable infrastructure ,” said Stéphane Calas , Partner at Cube Infrastructure Managers . “ In the digital sector , Cube has conducted a dozen transactions since 2008 , partnering with talented management teams to achieve strong and sustainable growth . We believe firstcolo to be very well positioned to address the increasing needs of German SMEs in terms of colocation and cloud services , with the ability to anticipate the future needs of customers . Our team is very excited to join forces with Jerome and Nicolaj , firstcolo ’ s management team and founders to write the next growth chapter of the company .”
“ We are proud to have supported firstcolo to become one of the leading and most efficient data centre players in the Frankfurt region with a differentiated and customer-centric value proposition . It has been a pleasure to partner with Jerome
Evans and Nicolaj Kamensek who have done a fantastic job in executing the joint value creation plan which we foresaw at the time of the original acquisitions ,” said Alexis Tran-Viet , Partner at EMERAM .
“ Through the cooperation with diva-e and EMERAM , firstcolo has developed from a founder-led company to a platform to capture significant growth potential ,” said Jerome Evans , CEO at firstcolo . “ Over the past five years , we more than doubled our revenue and assets and expanded into new areas such as private cloud .
“ With Cube , we have gained a longterm-oriented owner who will support us with our ambition to expand the platform and to triple in size . Our goal is to build more data centres in the future that have industry-leading PUE values in terms of energy efficiency . Together , we will continue our journey of growth and digitalisation .” �
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