Warburg Pincus has joined SC Capital Partners in pursuing a potential acquisition of data center operator Global Switch Holdings in a deal that could value the company at $6 billion to $7 billion, including debt, according to multiple media outlets.
The consortium has been in discussions with other potential investors about joining the bid and has secured approximately $3 billion in loan facilities to support a potential transaction.
Global Switch owns and operates a portfolio of large-scale data centers across Europe and Asia Pacific. The company is owned by investors including Chinese steelmaker Jiangsu Shagang Group and Avic Trust.
SC Capital had previously been reported to be in talks to acquire Global Switch, with Warburg Pincus later joining the pursu
