-
Global Cloud Xchange
UKCommunications
Overview
Global Cloud Xchange (“GCX”) is a leading global data communications service provider and owner of one of the world’s largest private subsea fibre optic networks. The business provides high-bandwidth connectivity to a range of customers including over-the-top content providers, telecom carriers, new media providers and enterprises.
GCX’s 66,000km of cables span from North America to Asia. It is particularly strong on the Europe-Asia and Intra-Asia routes where it is well positioned to capitalise on growth opportunities and serve the exponentially growing demand for data traffic.
Investment rationale
In November 2021, 3i Infrastructure plc agreed to invest c.$512m to acquire a 100% stake in GCX. Additional acquisition debt was raised in March 2022, reducing the Company's equity commitment to $377m. The investment completed in September 2022.
- GCX owns one of the most comprehensive subsea cable networks globally, serving customers in over 180+ countries
- Benefits from the rapidly expanding data market with data usage forecast to grow exponentially
- Operates in a market with high barriers to entry whilst providing an essential service
- Supported by a highly experienced management team who have a strong track record in the sector
Key facts66,000km+ of cables46+ countries Access to landing stations180+ countries Serving customersDeal teamTim Short
Partner
UKScott Moseley
Managing Partner, Co-Head of European Infrastructure
UKOscar Tylegard
Director
UK / InfrastructureAdrien Delmotte
Associate Director
UK / InfrastructurePaolo Bergamelli
Director
UK / InfrastructureBen Minett
Associate
UK / Infrastructure