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Vantage Data Centers Signs Definitive Agreement to Acquire Canadian-Based 4Degrees Colocation

December 19
13:05 2018

SANTA CLARA, CA – Vantage Data Centers, a leading provider of data centers in support of business and mission-critical applications, today announced it has signed a definitive agreement to acquire Canadian-based 4Degrees Colocation from Videotron Ltd., a Quebecor Media Inc. (QMI) subsidiary, for approximately US$200 million (C$259 million), subject to certain post-closing adjustments.

This transaction will expand Vantage’s coast-to-coast presence in North America to five markets, up from two markets 12 months ago. The acquisition will add existing data centers in Montreal and Quebec City, which will bring Vantage’s total number of operational facilities to nine and total number of data centers under development to four.


4Degrees operates two facilities in Montreal and Quebec City. The two data centers are Tier III Design and Construction certified, which highlights the facilities’ exceptional quality and reliability, by the Uptime Institute, an independent organization.

Upon transaction closing, Vantage will immediately initiate significant expansion projects in both markets to accelerate 4Degrees’ original plans to bring total capacity up to 31MW.

“Based on extensive dialog with our customers, Vantage identified Montreal and Quebec City as highly attractive markets due to low power costs, tax incentives and excellent fiber connectivity,” said Sureel Choksi, president and CEO, Vantage Data Centers. “The 4Degrees acquisition will accelerate our expansion into these markets, enabling Vantage to better serve hyperscale, cloud and enterprise customers across five strategic geographies. We are thrilled to welcome the 4Degrees team, which shares our commitment to operational excellence, high-quality facilities and sustainable building practices.”

Maxime Guévin, an experienced leader in the construction, sales and management of data centers, will become vice president and general manager of Vantage Canada. Guévin is currently the general manager of 4Degrees Colocation, where he has served for the last four years.

“The 4Degrees team is incredibly excited to join Vantage in providing superior data center facilities across North America,” agreed Guévin. “This deal will marry Vantage’s expertise in the hyperscale business with our extensive knowledge of the rapidly growing Canadian market.”

The transaction is expected to close in the coming weeks.

About Vantage Data Centers
Vantage Data Centers is a leading North American wholesale data center provider in three strategic markets: Silicon Valley, Northern Virginia, and Quincy, Washington. Vantage has seven operational facilities totaling 81MW of capacity and two additional facilities currently under development totaling 51MW. The company provides highly scalable, flexible and efficient data center solutions to hyperscale, cloud and enterprise customers, offering unique value through its commitment to exceptional customer service and sustainability. For more information, visit www.vantagedatacenters.com

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The 'Web Hosting Blog' at FindMyHost.com was established to provide the web hosting industry with the very latest in news, technology, interviews, event information and more. About FindMyHost.com: Launched in January 2001 to protect Web Host Consumers and Web Developers from making the wrong choice when choosing a Web host. FindMyHost.com showcases a selection of web hosting companies who have undergone our Approved Host program testing and provides reviews from customers.

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