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Jun 17, 2026
3 min to read
BCF Assists Investissement Québec and Desjardins Capital with the Sale of Their Stakes in Qscale
BCF acted on behalf of Investissement Québec and Desjardins Capital Appui PME S.E.C. in the sale of their stakes in QScale to an affiliate of Goldman Sachs Alternatives.
This transaction represents a pivotal milestone for QScale, a Québec-based company specializing in next-generation data centres designed for artificial intelligence (AI) applications, high-performance computing (HPC), and critical digital infrastructure.
A Strategic Transaction in a Fast-Growing Sector
Goldman Sachs Alternatives’ acquisition of a majority stake in QScale highlights the increasing interest of global institutional investors in the digital infrastructure and data centres powering the AI economy.
Founded in Québec, QScale operates a data centre campus in Lévis designed to meet the growing needs of technology companies, cloud providers, and organizations developing artificial intelligence solutions. The company focuses in particular on renewable energy and infrastructure designed to handle heavy computing workloads required by next-generation AI models.
According to publicly available information, this transaction allows QScale to benefit from the financial support and international network of Goldman Sachs Alternatives to accelerate its development and sustain its expansion plans across Canada and internationally.
A Major Milestone for Québec’s Technology Ecosystem
The data centre industry is currently experiencing unprecedented growth, powered by the rise of artificial intelligence, cloud computing, and the growing demand for computing power.
Thanks to its access to abundant renewable energy, favourable climate, and technological expertise, Québec is proving to be a strategic destination for the development of world-class digital infrastructure. QScale has positioned itself at the heart of this transformation by designing facilities tailored to meet hyperscale customers’ and AI-specialized companies’ requirements.
This transaction also highlights the growing maturity of Québec technology companies and their ability to attract leading international investors.
A Dedicated Multidisciplinary Team
The BCF team assisting Investissement Québec and Desjardins Capital Appui PME S.E.C. in this transaction consisted of:
Drawing on their expertise in mergers and acquisitions, private equity, and business law, our professionals supported the sellers throughout the various stages of this strategic transaction.
Why is this Transaction Significant?
The sale of QScale’s securities to an affiliate of Goldman Sachs Alternatives highlights several major market trends:
- The rapid growth of the data centre and artificial intelligence industries;
- Increased interest from institutional investors in digital infrastructure;
- Québec’s role as a hub for innovation and as a host for data centres powered by renewable energy sources;
- The growing significance of strategic transactions in the technology and critical infrastructure industries.
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