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New Deal


Announced

Completed

Bain Capital completed the acquisition of the remaining 57.8% stake in Chindata for $1.8bn.

Financials

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Transaction Value£1,435m
Consideration TypeCash
Capital Owned42%
Capital Bid For58%
EV/Sales-
EV/EBITDA-
Share Price Premium42.6%
One Off Charge-

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Cross Border

Private Equity

Friendly

Digital Services

big data

colocation services

information technology

China

Acquisition

Majority

Single Bidder

Privatisation

Public

Completed

Synopsis

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Bain Capital, a private investment firm, completed the acquisition of the remaining 57.8% stake in Chindata, a carrier-neutral hyperscale data center solution provider, for $1.8bn. Bain Capital paid $4.30 per ordinary stock and $8.60 per American depositary share. The offer representsed a 7.5% increase from the proposed purchase price when the firms first templated a takeover.

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