Paris, May 27, 2020. Strategy, leadership and development consultancy Neovian Partners has supported investment funds Sofipaca and Idia Capital by completing the Strategic Payment Buyer due diligence ofEuclyde Data Centers,a French data hosting company.
Founded in 2004 in Antibes by french-Lebanese entrepreneur Magdi Houry, Euclyde Data Centers is a company specializing in the operation of neutral data centers in co-location, in France and Luxembourg. After the launch of its first data center in 2009, Euclyde has experienced strong growth, employing nearly 21 employees today. Building on this success, the company achieved a turnover of 5 million euros in its last financial year.
This first capital opening by Euclyde aims to finance the development of its territorial network, and to make it potentially a platform for consolidation,while optimally pursuing its organic growth.
The mission was to validateEuclyde Data Centers’ ability to carry out its business plan, identify growth drivers in the data center market and validate the relevance of the company’s positioning.
“In a market that is undergoing profound changes related, in particular, to security and sovereignty issues as well as the rapid increase in the volume of data produced daily or to the deployment of the cloud, and now including on the application layers, Euclyde Data Centers is an attractive company with a strong and clearly identified positioning. We are proud to have accompanied Sofipaca and Idia Capital in their entry into the capital of Euclyde.”
Patrick Richer, Partner.
The mission was led by Patrick Richer and Kevin Bailey, Partners
and Arnaud François ,Manager.
About Neovian Partners
Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and ETIs. Based in Paris and Lyon with a team of about 40 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important mission history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on: env-0144939.rag-cloud-ch.hosteur.com