US$15 million investment by The Jean Coutu Group in COLO-D

On January 5, 2016, COLO-D Inc. (“COLO-D”), a leading neutral colocation centre service provider in Eastern Canada, received a $15 million investment from the Jean Coutu Group (PJC) Inc. (the “Jean Coutu Group”). A portion of the $15 million investment proceeds was used to acquire one of Jean Coutu Group’s warehouse facilities in Longueuil, which will house COLO-D’s new data centre. COLO-D is the largest neutral colocation service provider in Eastern Canada. As the operator of two major data centers in Quebec, COLO-D hosts critical infrastructure for prestigious clients looking for innovative data center solutions. The company has an experienced management team with expertise in the design, operation and administration of data centers. COLO-D offers connectivity services to the world’s largest telecommunications networks, as well as access services to global Internet exchange networks via the numerous telecommunications providers that are housed within COLO-D data centers. COLO-D was represented by a team from Fasken Martineau that included Carl Bélanger, Kadiatou Sow and Guillaume Saliah (Corporate Finance), Lise Rochette (Real Estate), as well as Marc Novello and Martin Racicot (Banking and Finance).