Silver Lake-backed Vantage Data Centers weighs IPO at $100bn valuation or potential sale
TOP STORY: Vantage Data Centers is considering a public listing or potential sale that could value the hyperscale data centre operator at around $100bn, according to a report by Reuters citing unnamed people familiar with the discussions.
Vantage Data Centers, a hyperscale data center operator backed by Silver Lake and DigitalBridge, is exploring the possibility of going public or selling the business, potentially valuing the company at $100 billion, according to a Reuters report. The company could raise around $10 billion through an initial public offering (IPO) as early as next year, making it the largest data center IPO ever, if it decides to proceed with that route.
However, Vantage is also considering alternative options, such as selling the entire business or a minority stake. Preliminary discussions about potential exit strategies have been ongoing for weeks, with informal talks held with financial advisers. At this point, no formal sale process or IPO has been launched, and the discussions are still in their early stages.
The timing, structure, and size of any transaction, if it occurs, could change, and Vantage may ultimately decide against pursuing any deal.
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