The portfolio includes nine Tier 2 and Tier 3 facilities located in major Canadian cities, with a total capacity of up to 49MW. The business provides secure colocation, cloud, and managed services, supported by Canadian data sovereignty and domestic cloud infrastructure. It serves a long-standing and diverse customer base across various industries, supported by an experienced operational team.
InfraRed stated that the acquisition aligns with its strategy of investing in companies with strong growth potential, solid fundamentals, and proven management teams. The firm aims to use its market expertise and global digital infrastructure experience to accelerate business growth and enhance operational capabilities.
Pilar Banegas, Partner at InfraRed, said: “This investment represents an exciting opportunity for us to drive value in an established business, capitalising on the rising demand for secure and reliable data centre services, within one of the most attractive segments of the Canadian digital infrastructure market. We will leverage our knowledge of the market and our deep data centre experience, built from investments such as Nexspace, our European data centre platform, to help realise its potential. Furthermore, we can also draw on our owner Sun Life’s significant presence in Canada to inform our approach.”
The Canadian data centre market has experienced consistent expansion, supported by increased cloud adoption, greater data localisation requirements, and growing demand from AI and high-performance computing workloads. This acquisition provides InfraRed with a strong position in the sector at a time when customers are seeking capacity growth and operational resilience.
InfraRed intends to apply its international track record to strengthen the facilities’ market position and meet the needs of both existing and new clients. By building on the business’s established customer relationships and infrastructure, the company aims to improve efficiency and service quality while preparing for future demand trends.
The transaction is expected to close by the end of the year, subject to customary regulatory approvals. Once completed, it will mark a significant step in InfraRed’s digital infrastructure expansion in North America, complementing its portfolio of global investments.
