Announced
Completed
Financials
Sources
Tags
Digital Services
Private Equity
Completed
cloud computing
Acquisition
Cross Border
Private
Hong Kong
Minority
Friendly
Synopsis
Private equity investment companies DCP and CPE completed the $300m investment in Hotwon Group, a cloud computing infrastructure service provider focusing on data center design, construction and operation. "We are delighted to enter into a strategic partnership with DCP. The DCP team has 27 years of investment experience in China and has nurtured numerous leaders across various industries. In addition to capital support, DCP will bring us world-class operational capabilities and corporate governance expertise. As we enter the new era of ‘new infrastructure’ in China, DCP will be a valuable partner to help Hotwon grow to the next level," Huang Zhaoshun, Hotwon Chairman.
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