Macquarie Group has acquired Australian data center provider AirTrunk for A$3 billion (US$2.1 billion), according to Bloomberg. AirTrunk CEO Robin Khuda will retain a minority stake in the business, the report says.
This is M&A Deal Number 34 that ChannelE2E has covered in 2020. See the complete M&A deal list here.
AirTrunk's previous owners were Goldman Sachs Group and TPG Six Street Capital.
Macquarie Group Acquires AirTrunk: About the Companies
Macquarie Group is a Sydney, Australia-based investment bank and financial services firm. The company has extensive experience in the data center market.
Macquarie's investment and ownership stakes include:
- Bluebird Network, a data center and network services provider in Columbia, Missouri.
- Aligned Energy, a data center provider headquartered in Plano, Texas, with additional locations in Dallas, Texas; Virginia; Phoenix, Arizona; and Salt Lake City, Utah.
AirTrunk is a hyperscale data center provider with locations across the Asia-Pacific region (APAC) -- including Sydney and Melbourne, Australia; Singapore and Hong Kong. More APAC locations are coming soon, AirTrack's website indicates.
Key AirTrunk partners include Datacom, one of Australia's largest professional IT services companies, and StarHub, a provider of IT, communication and connectivity services.
ChannelE2E has not independently confirmed Macquarie's acquisition of AirTrunk.
