I don't think its about anything , its mostly made up of two samples from two disco tunes, the "neeeeding you" vocal being from one and the piano riff from the other (IIR one is from the chi-lites or similar?) .
Its one of the tunes I most associate with being in Ibiza, it was played out everywhere as you can imagine. Simple but uplifting piano lent itself to the daytime parties well too