Bain Capital unveils hscale and charts a course for rapid expansion

As part of this journey, which started with the acquisition of AQ Compute in October 2024, hscale is led by a newly appointed, highly experienced leadership team, and is underpinned by Bain Capital's proven strategies from successful data centre investments in Asia and the United States.

hscale, custom built for growth and excellence, is committed to developing customer friendly, replicable and scalable digital infrastructure across the EMEA region that is bespoke to hyperscale customers’ evolving requirements.

Industry veterans make up the leadership team, including CEO Oliver Schiebel, who brings extensive experience from his tenure as CEO of Mainova WebHouse. The team has collectively delivered 6.85 GW of data centre capacity across EMEA and APAC, positioning hscale to meet the unprecedented demand for bespoke, high-capacity data centres.

Aquila Group, the former owner of AQ Compute and a leader in sustainable assets, retains a 20 percent shareholding in hscale. The company will continue to contribute its renewable energy and sustainability expertise. In collaboration with Aquila Group and its subsidiary, Aquila Clean Energy, hscale will deploy low-carbon technologies and renewable energy solutions for its hyperscaler clients. In addition, Aquila Group will support hscale's growth ambitions with substantial investments.

hscale Chief Executive Officer, Oliver Schiebel, said: “hscale is set to leverage the robust capabilities and strategic assets of our heritage firm, aligning them with the innovative strategies and global expertise of Bain Capital. With access to cleaner energy projects, we will develop future-proof, scalable digital infrastructure tailored to the evolving needs of hyperscalers, driven by the rapid growth of AI and cloud services. Our friendly, honest and timely customer service sets hscale apart, allowing our customers the quickest journey to market.”

Michael Huber, a Principal at Bain Capital, added: “With a planned multi-billion Euro investment over the coming years, hscale is poised for rapid expansion. Our strategic pipeline includes over 1GW of projects in key locations such as Milan, Frankfurt, London, Madrid, Oslo, Barcelona, and Zaragoza, with more than 100MW already under construction. This positions hscale to deliver near-term solutions that meet the specific requirements of our hyperscaler clients.”

Official Launch at Datacloud Global Congress

hscale will officially launch at the Datacloud Global Congress in Cannes in June 2025, where the company will serve as a Gold Sponsor. Chief Technology Officer, Abed Jishi, will participate in a panel discussion on 5th June, showcasing hscale’s strategic vision and commitment to excellence.