Bain Capital Seeks to Sell 40% Stake in Bridge Data Centres for $5 Billion

Gate News message, April 23 — Bain Capital is seeking to sell at least 40% of Bridge Data Centres, a Singapore-based data infrastructure operator, in a deal that could value the company at approximately US$5 billion. Bain remains open to selling a larger or controlling stake if it receives a strong offer.

Citigroup and JPMorgan are running the sale process, with indicative bids due by mid to late May. The potential transaction reflects strong investor demand for Asian data centers amid growing interest in AI and cloud computing infrastructure.

The sale follows Bain's strategic reshaping of its Asian data center portfolio. In January 2026, Bain sold Chindata to a consortium led by Shenzhen Dongyangguang Industry Co in a deal valued at US$4 billion, leaving Bridge Data Centres as a separate platform serving Southeast and South Asia. Recent comparable transactions include KKR and Singtel's purchase of a stake in ST Telemedia Global Data Centres for S$6.6 billion (US$5.18 billion).

Bridge Data Centres' valuation reflects rising demand for AI-ready infrastructure. The company's resource and power reservation pipeline exceeds 2 gigawatts (GW). Global AI infrastructure spending is forecast to reach US$422.6 billion by 2029, with very large data center sites expected to account for over 50% of global capacity by 2027, up from 20% in 2017. In Asia-Pacific, data center M&A transactions rose from 11% of global activity in 2025 to 45% so far this year.