Announced
Completed
Financials
Tags
Singapore
Data Centers and Hosting
Single Bidder
data centers
Majority
Cross Border
Joint Venture
Private Equity
Friendly
Private
Completed
Synopsis
Digital Edge, a data center company, and Stonepeak Infrastructure Partners, an infrastructure-focused private equity firm, formed a joint venture with a focus on acquiring and developing carrier-neutral data centers and related digital infrastructure assets across the Asia Pacific region, in a $1bn deal. "The Asia Pacific digital infrastructure market is among the fastest growing in the world, with demand continuing to outpace supply. We are delighted to partner with Samuel and his team, who bring unparalleled experience and an exceptional track record of development, and are investing in Digital Edge to help us achieve our shared vision for the region," Brian McMullen, Stonepeak Senior Managing Director.
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