CapMan Infra has invested in Dutch IT services provider Serverius to build a European data center platform.
The investment firm has not shared the value of the investment.
CapMan Infra told DCD in an email: "CapMan is acquiring a majority position and the existing founder and CEO will reinvest into growing the company. The parties are not disclosing specifics regarding the deal. Regarding leadership, CapMan is looking to grow and expand the business internationally and will look at necessary additions as required."
Founded in 2008, Serverius currently operates three colocation data centers in the Netherlands. This investment marks CapMan’s first step for the planned data center platform.
The platform seeks to expand into the Nordic countries using CapMan’s ‘local market knowledge’ as a Nordic-based private equity company.
“We are looking forward to start working with the Serverius team on ways to position the company for further growth in this exciting market. This is an important first step of building a larger international platform”, says Harri Halonen, partner at CapMan Infra. “Together with Serverius, we are set to develop the governance, administration, and client focus of the business in order to accelerate growth.”
Serverius’ data centers have a combined capacity of 8MW across the Netherlands and can operate using 100 percent wind power, giving the facilities a PUE of between 1.2 and 1.3. The planned northern European data center platform will focus on ‘optimizing energy usage’ and ‘increasing the use of renewable energy.’
Gijs van Gemert, CEO of Serverius, said: “We are thrilled to have CapMan on board and welcome their institutional and professional approach to support in the next phase of growth for Serverius. Over the past few years, Serverius has undergone an amazing transformation. This new partnership with CapMan is a logical next step to further optimize our business processes and build a strong northern European platform together.
“To serve our European customer base in the years to come, our team looks forward to expanding our unique range of data center services. Given the strong collaboration with CapMan, I will continue to invest in our new European platform of the future. I will remain closely involved in the daily business as I have been doing up to now.”
CapMan Infra invests in energy, transportation, and telecommunications infrastructure across the Nordics with a focus on sustainability. In 2022, the company began its second fundraising campaign which has currently raised €237 million ($259m) of a €400m ($439m) target. It is from this fund that the company is currently investing.
