The founder of GleSYS, Glenn Johansson, with management enter into a partnership with the Infrastructure Fund Cube
Censor has acted as advisor to the founder and management in connection with the transaction.
Cube Infratructure Managers acquires GleSYS
Target
GleSYS AB
GleSYS offers Infrastructure as a Service (IaaS) to customers across e-commerce, cyber security, and other industries with requirements for the availability of services and uptime. Having solid experience in assisting SMEs through their digital transformation and cloud journey, GleSYS offers a one-stop-shop approach across the value stack from physical to virtual infrastructure. The company operates data centers in Falkenberg, Stockholm, and Oulu, enabling better control and operational benefits for its customers while ensuring stringent regulatory compliance. With ESG at its core, GleSYS utilizes 100% renewable energy and has launched initiatives to use excess heat from the data center to support the community's energy needs. The revenue of the group is c. SEK200 million.
Buyer
Cube Infrastructure Managers
Cube Infrastructure Managers is an independent mid-market infrastructure investor joining deep sector knowledge with operational and financial expertise. Since its foundation in 2007, Cube has leveraged its operating and financial capabilities to pioneer and transform essential and local infrastructure assets in fiber, district heating, mobility, and EV charging. Cube has made more than 40 investments across Europe and will continue investing in profitable and responsible investment opportunities with strong growth potential.