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New Deal


Announced

Completed

Stonepeak-backed Digital Edge completed the acquisition of a majority stake in Indonet for $165m.

Financials

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Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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colocation services

Internet

Hostile

Acquisition

Private

connectivity

Cross Border

Majority

Single Bidder

Completed

Indonesia

cloud services

Private Equity

Synopsis

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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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