{"id":43586,"date":"2017-09-12T00:00:00","date_gmt":"2017-09-11T22:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/equinix-compra-el-centro-de-datos-espanol-itconic-por-e215m\/"},"modified":"2025-03-12T11:43:19","modified_gmt":"2025-03-12T10:43:19","slug":"equinix-buys-the-spanish-data-centre-itconic-for-e215m","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/equinix-compra-el-centro-de-datos-espanol-itconic-por-e215m\/","title":{"rendered":"Equinix buys Spanish data centre Itconic for \u20ac215M"},"content":{"rendered":"
<\/span>The Carlyle Group has sold Itconic, the largest provider of neutral data centre, connectivity and cloud infrastructure solutions in Spain and Portugal. The buyer was Equinix, Inc. a Nasdaq-listed company specialising in interconnection and data centre services. The purchase price amounted to \u20ac215M. The agreement was signed on 8 September 2017, and the acquisition is expected to be completed in the fourth quarter of 2017, subject to regulatory approvals.<\/span><\/span><\/h5>\n
<\/span>About Itconic<\/strong><\/span><\/span><\/h5>\n

Itconic, formerly known as Telvent Global Services<\/a> has three main lines of business: data centres, platforms and IT services. Within its data centre division, the company has become renowned for interconnecting its five data centres (4 in Spain and 1 in Lisbon), with the aim of offering greater agility and interconnection flexibility to its customers.<\/span><\/p>\n

Itconic has also taken strategic steps in the area of platforms, such as the acquisition of CloudMas in early 2016. At the time, CloudMas was the only Amazon Web Services Premium Cloud Consultant in Spain.<\/span><\/p>\n

In 2015, Carlyle<\/a>, que ya contaba con experiencia en el sector, compr\u00f3 Telvent por una cifra cercana a los \u20ac22M a Schneider Electric. Desde este momento Itconic empez\u00f3 un proceso de cambio -organizativo, estrat\u00e9gico y cultural-, con dos objetivos muy claros en mente: foco estrat\u00e9gico y crecimiento rentable.<\/span><\/p>\n

<\/span>Itconic corporate finance analysis<\/strong><\/span><\/span><\/h5>\n

Itconic currently employs around 290 people. In 2016 it had a turnover of \u20ac47M and an EBITDA of \u20ac8.9M. Although they expect to reduce sales this year, they estimate their EBITDA to reach \u20ac14M, considerably improving their profitability ratio. From 2018 onwards, they expect double-digit growth in revenues and EBITDA.<\/span><\/p>\n

Itconic, which has been in decline for a number of years, however, in the last year has managed to reduce its debt ratio (11.8 to 6.5) and improve its profitability considerably (9% to 19%).<\/span><\/p>\n

<\/span>Carlyle Group sells Itconic<\/strong><\/span><\/span><\/h5>\n

One year after the acquisition, Carlyle has decided to sell Itconic to Equinix<\/span>. Itconic will be able to strengthen its position in Europe and expand its presence in two new countries in the region. In addition, Equinix will benefit from the Itconic team's expertise in hybrid cloud architectures and cloud computing adoption and migration strategies.<\/span><\/p>\n

As a result of this acquisition, Equinix will serve more than 400 customers in the Iberian Peninsula, including brands such as L\u2019Or\u00e9al, Vueling, Deloitte, BNP Paribas, Repsol, Real Madrid, Randstad, Carlson Wagonlit Travel, Aon and Bank of America. In addition, more than 100 networking and mobility companies and over 90 cloud and IT services companies operate at Itconic, including Amazon Web Services (AWS), Microsoft Azure and Google Cloud.<\/span><\/p>\n

The deal to acquire the Neutral Data Centre, Connectivity and Cloud Infrastructure business was sealed on 8 September and the acquisition is expected to close in the fourth quarter of 2017 subject to customary closing conditions, including regulatory approval.<\/span><\/p>\n

<\/span>Other posts that may interest you<\/span><\/span><\/h5>\n

Venture capital invests in BPOs to grow companies and increase their value.<\/a><\/span><\/p>\n

GfI buys Spanish BPO specialist Efron Consulting<\/a><\/span><\/p>\n

Konecta acquires Allus Global, Latin America's leading BPO provider<\/a><\/span><\/p>\n

If you are looking for investors<\/a><\/span>, you want to buy<\/span> or selling a company<\/a><\/span>please contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.
\n<\/strong><\/span><\/p>","protected":false},"excerpt":{"rendered":"

The Carlyle Group has sold Itconic, the largest provider of neutral data centre, connectivity and cloud infrastructure solutions in Spain and Portugal. The buyer was Equinix, Inc. a Nasdaq-listed company specialising in interconnection and data centre services. The purchase price amounted to \u20ac215M. The agreement was signed on 8 September 2017, and the acquisition is expected to be completed in the fourth quarter of 2017, subject to regulatory approvals.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1751],"tags":[673,522,901,902,153,903,904],"sectores":[],"tipo-contenido":[2260],"class_list":["post-43586","post","type-post","status-publish","format-standard","hentry","category-adquisiciones-mas-relevantes","tag-busqueda-de-inversores","tag-carlyle","tag-data-center","tag-equinix","tag-global-corporate-finance","tag-hosting","tag-itconic","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/43586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=43586"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/43586\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=43586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=43586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=43586"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=43586"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=43586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}