Bain Capital announced the sale of its China operations, Chindata, to a consortium led by HEC for $4 billion, marking a significant milestone in China's data center industry.

Information on the Target

WinTrix DC Group, specifically its China operations known as Chindata, is a leading hyperscale data center solution provider based in mainland China. Formerly known as Chindata Group Holdings, the company has established itself as a key player in the carrier-neutral hyperscale data center market, largely due to its pioneering efforts in developing next-generation data centers across China.

Chindata operates high-density IT cluster infrastructures primarily in the Greater Beijing Area, the Yangtze River Delta Area, and the Greater Bay Area. These regions are recognized as vital economic hubs in China, which position Chindata as a significant contributor to the digital transformation and regional economic growth.

Industry Overview in China

The data center industry in China has seen exponential growth over the past several years, driven largely by increased internet penetration, the rise of cloud computing, and the burgeoning demand for digit