Global private investment major Bain Capital has successfully completed the sale of the China business of its data centre portfolio company WinTriX DC Group (Chindata) to a consortium led by Shenzhen Dongyangguang Industry Co (HEC).
The transaction, which values the business at approximately $4bn, represents the largest transaction in the history of China’s data centre industry.
According to a press statement, the completion of the sale marks a successful collaboration between Bain Capital and HEC, further underscoring strong industry confidence in the long-term growth potential of China’s digital infrastructure. Since Bain Capital’s initial investment in 2018, Chindata has grown into one of China’s leading hyperscale data centre platforms, playing a critical role in supporting the rapid development of artificial intelligence, big data, and cloud computing.
