5C Group plans IPO as it expands AI data center pipeline across North America and Europe

Simon Ahdoot, CEO of Hypertec Group, has signaled that 5C Group, its data center spinoff, is considering going public as the company scales an aggressive pipeline of AI-focused infrastructure projects across North America and, eventually, Europe. The potential IPO would give 5C Group access to public capital markets at a moment when investor appetite for anything adjacent to artificial intelligence infrastructure remains voracious. The company has already secured over $1.4B in total funding, including an $835M round backed by Brookfield and Deutsche Bank in July 2025. From spinoff to multi-gigawatt ambitions 5C Group has a relatively short but dense origin story. Hypertec Group, a Montreal-based company with roots in high-performance computing stretching back to 1984, created the entity in April 2025. The formation involved spinning off Hypertec Cloud and folding in 5C Data Centers, creating a standalone company purpose-built around large-scale facilities optimized for AI workloads. 5C Data Centers was originally founded in 2023. Within roughly two years, it merged into a new corporate structure, raised north of a billion dollars, and started talking about an IPO. The company’s dev...