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 2nd 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
Employees324
Revenue 607M USD (2024)
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 4 of 7
Sector: Communications M&A 2 of 3
Type: Divestiture M&A Deals 1 of 3
Country: China M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 EdgePoint

CapitaSpring, Singapore

EdgePoint is a wireless tower company that focuses on providing shareable, 5G-ready fiber-integrated, small cells and in-building systems to MNOs across the region. EdgePoint is based in CapitaSpring, Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-25 Telenet Group Holding - Mobile Telecommunications Tower Business

Mechelen, Belgium

Mobile Telecommunications Tower Business consists of an attractive high-quality portfolio2 of 3,322 sites across Belgium, including 2,158 owned sites, of which nearly 38% are towers, and 1,164 third-party sites. The tenancy ratio across the entire portfolio is 1.2x and 1.6x on towers specifically.

Buy €745M

Seller(S) 1

SELLER

PCCW

Quarry Bay, China

Category Company
Founded 1925
Sector Communications
Employees14,400
Revenue 37.6B HKD (2024)
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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2021 M&A 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