MergerLinks Header Logo

Announced

OTPPB to invest in Princeton Digital Group in a $360m deal.

Synopsis

Ontario Teachers’ Pension Plan Board agreed to invest in Princeton Digital Group, an investor, operator, and developer of data centres with presence in the key digital economies of Asia, in a $360m deal. Warburg Pincus, which has been the largest institutional investor of PDG, is also participating in this new round of fundraising. "We are delighted to have Ontario Teachers’ as an investor in PDG. Their track record of long-term investments combined with deep data centre experience makes them a great partner as we continue to scale our business. We are also heartened by the continued trust and confidence placed by Warburg Pincus in PDG," Rangu Salgame, PDG Chairman and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US