Our investments


Date of realisation

September 2007

Invest date

January 1999

Independent provider of datacentre services


IX Europe (“IXE”) was a pan-European provider of high quality and high connectivity datacentre services for corporates, system integrators, telecommunication companies and internet service providers. IXE developed a network of purpose-built IT and telecom facilities in the major European cities, offering housing, back-up, connection services and business continuity to the specification of different users. The strength of the business was its pan-European approach to being an independent datacentre provider. This produced a predictable, highly reliable, independent service for its 400 customers.


At the time of exit, IXE operated 16 datacentres in the UK, France, Germany and Switzerland. The company had 120 employees and more than 400 blue chip customers and planned to open and acquire further European sites. Management developed a wide range of added-value services in its datacentres for its blue-chip customer base. During Milestone’s ownership, we led three further rounds of funding and IXEurope successfully floated on AIM on 7 April.

On 28 June 2007, Equinix Inc. announced an offer for 100% of IXEurope plc. at which point Milestone fully exited its investment generating a 2.6 times money return on our original investment.


Guy Willner, chief executive, and Christophe de Buchet, chief operating officer, were two young, talented managers with highly relevant and significant experience in the telecom and IT industries. They were attracted by Milestone’s experience in build-ups and platform investments and by Milestone’s skills in understanding an emerging industry. Their enthusiasm and energy was well complemented by Sir Anthony Cleaver, IXE’s then chairman, formerly chairman of IBM Europe, and Karen Bach, Group Finance Director, previously with EDS.

Contact us

place Luxembourg

15 rue Edward Steichen
Luxembourg L-2540 - Luxembourg
Tel. +352 621 225 802

place Geneva

47 route des Acacias
1211 Geneva, 26 - Switzerland
Tel. +41 79 128 20 44

place Brussels

523 avenue Louise
1050 Brussels - Belgium
Tel. +32 497 38 31 45

place Paris

40 rue du Colisée
75008 Paris - France
Tel. +33 6 31 30 62 23