Macquarie Infrastructure and Real Assets (MIRA) and AirTrunk have announced the financial close of a previously disclosed deal, whereby a consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2) will acquire an 88 percent stake in AirTrunk.
AirTrunk hit the market in December 2019. By January 2020, MIRA was already in advanced talks to buy the technology company. The deal values AirTrunk, a hyperscale data center platform for large cloud, content and enterprise customers across APAC, at more than $A3 billion ($2.1 billion).
The sellers of the stake in AirTrunk include Goldman Sachs, Sixth Street Partners (formerly TSSP) and founder Robin Khuda, who will continue to hold a material stake in the business and remain CEO.
AirTrunk launched its first hyperscale data center in Western Sydney, Australia, in 2017 and since then has expanded within Sydney, as well as to Melbourn