Macquarie, Warburg Teaming Up to Chase Bohao

It’s not too often someone takes the plunge across the border in internet infrastructure within mainland China, but the data center space is one place it does happen now and then. According to Bloomberg, the two private equity firms Macquarie and Warburg Pincus are apparently close to making such an effort to invest in Bohao Internet Data Services.

Bohao isn’t a household name outside China, but has built some 400,000 square meters of total data center floor space. With facilities in or near Beijing, Tianjin, Shanghai, Chengdu, and Hong Kong. Bohao said to be seeking $450M in new funding, which would value the company as a whole near $1B. That would follow on the raising of $295M two years ago from institutional investors.

Macquarie’s various funds have been one of the most active investors in infrastructure globally in recent years, most recently taking a minority stake in Virtus this summer. Meanwhile Warburg Pincus has done its own share of deals, including Princeton Digital Group Pte.

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Categories: Datacenter · Mergers and Acquisitions