(Bloomberg) — Silver Lake Administration is becoming a member of a consortium backed by IFM Traders and DigitalBridge Group within the bidding for Australian knowledge heart operator Airtrunk, in line with individuals with data of the matter.
International Infrastructure Companions can be a part of the IFM-backed group, mentioned the individuals, who requested to not be recognized. AirTrunk’s homeowners, which embody Macquarie Group’s asset administration arm and PSP Investments, might search a valuation of about A$20 billion ($13 billion) within the potential sale, one of many individuals mentioned.
Deliberations are ongoing and no remaining selections have been made, the individuals mentioned. Representatives for GIP, DigitalBridge, and Silver Lake declined to remark. Spokespeople for IFM and Macquarie didn’t instantly reply to requests for remark. A consultant for AirTrunk additionally didn’t instantly reply exterior common enterprise hours in Australia.
The AirTrunk sale is ready to be one in all Asia-Pacific’s greatest digital infrastructure offers this yr. Blackstone had additionally proven curiosity within the asset, individuals aware of the matter said final month.
AirTrunk runs knowledge facilities in Australia, Singapore, Hong Kong, Japan and Malaysia, its website exhibits. The corporate opened its new international headquarters in Sydney in February. A bunch led by Macquarie took management of the corporate in 2020 in a deal that valued it at about A$3 billion, Bloomberg Information reported on the time.
