Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say
New York, August 13 - Vantage Data Centers, a leading hyperscale developer and operator, is considering an IPO or sale as early as next year, according to sources familiar with the situation, as AI-driven demand drives up data center valuations and fuels dealmaking. Backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, Vantage could raise approximately $10 billion and aim for a $100 billion market valuation, potentially the largest data center IPO to date.
The company is also exploring a stake sale, with preliminary discussions involving financial advisers, though no formal process has been initiated. While the transaction's specifics, including timing and structure, remain fluid, Vantage could ultimately opt not to pursue an exit. Data center operators have recently attracted substantial investments from investors capitalizing on the soaring demand for computing power required to support artificial intelligence.
Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuation economictimes.indiatimes.com
- Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say channelnewsasia.com