M&A Deal Summary

DigitalBridge Acquires PCCW - Data Center Business

On July 26, 2021, DigitalBridge acquired communications company PCCW - Data Center Business from PCCW

Acquisition Highlights
  • This is DigitalBridge’s 1st transaction in the Communications sector.
  • This is DigitalBridge’s 1st transaction in China.

M&A Deal Summary

Date 2021-07-26
Target PCCW - Data Center Business
Sector Communications
Buyer(s) DigitalBridge
Sellers(s) PCCW
Deal Type Divestiture

Target

PCCW - Data Center Business

Hong Kong, China
PCCW's Data Center Business serving global hyper-scale and large enterprise customers via a rapidly growing network of facilities. PCCW's Data Center Business is based in Hong Kong.

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Buyer(S) 1

Buyer

DigitalBridge

Boca Raton, Florida, United States

Category Company
Founded 1991
Sector Financial Services
Employees300
Revenue 821M USD (2023)
DESCRIPTION

DigitalBridge is a global investment management company managing capital on behalf of its stockholders, as well as institutional and retail investors in private funds, and traded and non-traded real estate investment trusts. DigitalBridge was founded in 1991 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 3 of 8
Sector (Communications) 1 of 4
Type (Divestiture) 1 of 3
Country (China) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 NorthStar Asset Management Group

New York, New York, United States

NorthStar Asset Management Group, Inc. is a global asset management firm focused on strategically managing real estate and other investment platforms in the United States and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-04 Mundo Pacifico

Concepcion, Chile

Mundo Pacifico is a Chilean company that provides residential telecommunication services through high-speed fiber-to-the-home connections (FTTH). Mundo Pacifico offers broadband internet of up to 1,000 Mbps, pay TV, and voice services, serving a wide client base through a network with over one million homes passed and more than 11,000 km of fiber in Chile. Mundo Pacifico was founded in 1994 and is based in Concepcion, Chile.

Buy -

Seller(S) 1

SELLER

PCCW

Quarry Bay, China

Category Company
Founded 1925
Sector Communications
Employees14,800
Revenue 36.3B HKD (2023)
DESCRIPTION

PCCW is a telecommunications service provider. PCCW meets the needs of public, local and international businesses with a wide range of services including local telephony, local data and broadband, international telecommunications, mobile, and other telecommunications businesses such as customer premises equipment sale, outsourcing, consulting, and contact centers. PCCW was founded in 1925 and is based in Quarry Bay, China.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-22 Hutchison Corporate Access

China

Hutchison Corporate Access a provider of private satellite-based data communications networks.HCA offers a service that lets companies exchange data among offices via VSAT (very small aperture terminal) rooftop satellite dishes.

Buy $103M