Bain Capital Completes $4 Billion Sale of Chindata Data Center Business in Record China Transaction

Bain Capital announced January 16 the completion of its sale of the China business of data center portfolio company WinTriX DC Group, known as Chindata, to a consortium led by Shenzhen Dongyangguang Industry Co., Ltd. (HEC). The transaction values the business at approximately $4 billion, marking the largest transaction in the history of China's data center industry.

The sale concludes Bain Capital's investment in Chindata that began in 2018, during which the company grew into one of China's leading hyperscale data center platforms. The facilities support artificial intelligence, big data, and cloud computing infrastructure.

Strategic Exit in Growing Data Center Market

The transaction reflects strong industry confidence in China's digital infrastructure sector. Since Bain Capital's initial investment in 2018, Chindata has established itself as a critical player in supporting the rapid development of artificial intelligence, big data, and cloud computing.

"We are pleased to see this landmark transaction successfully completed," said Drew Chen, a Partner at Bain Capital. "Chindata's growth journey reflects Bain Capital's long-term commitment to building and scaling category-leading businesses in partnership with strong management teams. We believe that HEC will build on this strong foundation and continue to advance Chindata into its next phase of growth."

Specific property details including square footage, building counts, location, and occupancy rates were not disclosed in the announcement.

About Bain Capital

Founded in 1984, Bain Capital is a global private investment firm with approximately $215 billion in assets under management. The firm's platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Bain Capital operates 24 offices across four continents with more than 1,945 employees.

Sources

Bain Capital