Bain buys back Chindata in $3.2b data center deal
Bain Capital has signed a definitive agreement with Chindata Group Holdings, an Asia Pacific hyperscale data center solution provider, to take the company private.
The deal is valued at $3.2 billion.
Bain Capital, together with a number of existing and new investors, will acquire all of the outstanding shares of the company.
Chindata was formed by merging Bain Capital’s two data center platforms, China-based ChinData and Asian market–focused Bridge Data Centres.