Announced
Completed
Financials
Sources
Tags
colocation services
Internet
Hostile
Acquisition
Private
connectivity
Cross Border
Majority
Single Bidder
Completed
Indonesia
cloud services
Private Equity
Synopsis
Stonepeak-backed Digital Edge, a data center firm, completed the acquisition of a majority stake in Indonet, a provider of connectivity, cloud access, and colocation services, for $165m. “Together with Digital Edge, Indonet is best placed to capitalize on the market growth of Indonesia. In fact, we are already looking at the next round of expansion projects,” Toto Sugiri, Indonet Founder and Chairman.
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