Sources close to the situation have revealed that Bain Capital is weighing the possibility of bringing in fresh investors for Bridge Data Centres. This Singapore-based data center company is in Bain Capital's portfolio, and the move aims to secure additional funding and fuel business expansion. At present, Bain Capital is in the early stages of discussions with advisors. These talks revolve around conducting an evaluation that might lead to the sale of equity shares.
One viable option on the table is to set up a continuation fund. Through this fund, Bain Capital can maintain its existing stakes while bringing in new investors. The influx of new capital would be geared towards accelerating the company's business growth trajectory.
When it comes to potential new investors, the list includes infrastructure-focused funds, other data center operators, and sovereign wealth funds. Industry experts estimate that the business could be valued in the billions of dollars.
It's important to note that these discussions are still in their infancy. No definitive decision has been reached yet. There's also a chance that Bain Capital might decide against going through with the transaction altogether.
