Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say

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.

Read the original at channelnewsasia.com →

More in Finance & Markets

More from Thursday 13 August →