Goldman Sachs has acquired Canadian data center firm QScale.

The investment firm this week announced that Infrastructure at Goldman Sachs Alternatives has closed the acquisition of the company in partnership with QScale's founders and management team.

– Qscale

Terms of the deal were not shared.

Martin Bouchard, QScale founder and CEO, said: “From day one, QScale was built around a simple thesis: the world will need vastly more compute, and it will need it to be clean, dense, and resilient. Partnering with Goldman Sachs Alternatives gives us the capital base and the global network to scale faster, build bigger, and serve the most demanding hyperscale and AI customers in the world. Our team made this possible, and this next chapter is about delivering on the opportunity ahead.”