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Home GREEN

Salute acquires UK data center services provider Keysource

dcdby dcd
January 28, 2025
Reading Time: 5 mins read
in GREEN, PRIVATE EQUITY, UK&IRELAND
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Salute has acquired European data center solutions and strategic advisory service provider Keysource.

The company this week announced the signing of a definitive agreement to acquire Keysource Group.

Terms were not shared, but the deal is set to close in Q2 2025, subject to regulatory approval.



Salute

The deal will see Keysource’s team of 130 join Salute. London-based Keysource, founded in 1982, provides data center investment; design; sustainability; operations and maintenance, and managed services and consultancy.

Jon Healy, EMEA president and group COO at Keysource, said: "Salute and Keysource share a passion for customer-centric strategies and a vision for sustainable, scalable growth. I’m excited for our team to embark on this next phase, creating new opportunities for our customers and people."

Wisconsin-based Salute said the acquisition will strengthen its “ability to address the rising demand for AI-driven infrastructure” and deliver scalable and sustainable advisory solutions to global customers.

“The acquisition of Keysource Group and its range of advisory services will strengthen our ability to support the rapid change in advanced technology such as AI, for data center operations across Europe,” said Erich Sanchack, CEO of Salute. “While we already have a strong team providing technical design, build, and operations advice in the Americas, we sought out the opportunity to enhance our EMEA operations. The exceptional talent and expertise that Keysource brings align perfectly with Salute’s mission to better serve our customers on the ground in all regions.”

Founded in 2013, Salute (aka Salute Mission Critical) operates from 12 global offices, providing resources to hyperscale, cloud, colocation, Edge, and enterprise clients. It provides integrated services such as facility operations and management, quality assurance, technical commissioning, and retrofitting services, to data center owners.

The company is headed up by former Digital Realty COO Sanchak, who was appointed in March 2023.

New Mountain Capital acquired a majority stake in Salute last year from LLR Partners, which still has a minority investment in the company.

In the past few years, Salute has acquired Irish engineering consultancy firm OBMG, US data center consultant Iconicx Critical Solutions, and UK-based AMS Helix, a digital infrastructure solution provider.

Salute’s workforce includes a high percentage of veterans of the US Armed Forces. Salute founder Lee Kirby explained why former military personnel were a good fit in the data center industry in a DCD interview in 2018.

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Read the orginal article: https://www.datacenterdynamics.com/en/news/salute-acquires-uk-data-center-services-provider-keysource/

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