Houlihan Lokey Advises QScale

Houlihan Lokey is pleased to announce that QScale has received a strategic investment from Aligned Data Centers, a portfolio company of Macquarie Asset Management, to support the development of future phases of its flagship Q01 facility and the development of future campuses. The transaction closed on June 30, 2023.

QScale, a leader in world-class sustainable computing infrastructure, announced a strategic investment by Aligned Data Centers (Aligned) with strong support from existing QScale shareholders, including the government of Québec, through Investissement Québec and Desjardins Capital. The investment enables QScale to rapidly accelerate its development of high-density computing center ecosystems across Québec. QScale will use the investment proceeds to develop future phases of its flagship Q01 facility and fund the development of other future campuses.

The investment is a catalyst for QScale’s growth strategy, providing key financing and a strong, complementary operating partner in Aligned. Aligned, which is majority-owned by funds managed by Macquarie Asset Management, is a leading technology infrastructure company offering innovative, sustainable, and adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers. The strategic investment will enable QScale and Aligned to accelerate their growth strategies through a robust supply chain and an expanded portfolio of readily available and future data center capacity across the Americas—all backed by long-term capital investment. Aligned strongly supports QScale’s vision to showcase Québec’s technological talent to the world through its next-generation computing infrastructure.

Headquartered in Lévis, Québec, QScale develops environmentally responsible computing centers equipped with a cutting-edge technological infrastructure that optimizes energy efficiency and computational power to support applications such as high-performance computing (HPC) and machine learning. Leveraging proprietary waste heat recovery systems, QScale’s facilities capture heat from high-performance servers and feed the excess thermal energy to adjacent greenhouses, aquaculture projects, and nonprofit community organizations, generating significant environmental and social benefits for local Québec communities. Additionally, QScale’s campuses benefit from the region’s extensive hydropower and wind resources, offering renewable power at a lower cost.

Houlihan Lokey is the lead financial advisor and placement agent for QScale.