Goldman Sachs Alternatives acquires QScale S.E.C.

On May 13, 2026, an affiliate of Goldman Sachs Alternatives (“Goldman Sachs”) closed the acquisition of Fonds QScale S.E.C. (“QScale”) in partnership with QScale's founders and management team. McCarthy Tétrault acted on behalf of major shareholder Aligned Data Centers (“Aligned”) in the sale of its stake in QScale.

QScale, a Québec-based developer and operator of AI data centres, designs high-density, energy-efficient infrastructure tailored to AI and high-performance computing workloads, notably through its flagship Q01 campus in Lévis, Québec powered by low-carbon hydroelectricity. 

Aligned acted as a strategic investor in QScale, providing growth capital and operational support to advance its data centre platform.

McCarthy Tétrault LLP advised Aligned with a team led by Jacob Stone and Raj Juneja that included Robert Anton, Karl Bherer, Mireille Trottier, Vincent Leduc, Marie-Josée Nadeau, Katherine Fuller, Maxime Gauthier (Corporate), Randy Schwartz, Fred Purkey, Geneviève Favreau, James Chang, Justin Ng, Emma Murrin (Tax) and Gideon Kwinter (Competition).