Swiss-based private equity firm Partners Group has agreed to acquire Singapore-based regional data centre operator Digital Halo. The firm has also announced plans to jointly commit around US$400 million ($522 million) together with Bermuda-based investment manager Arch Capital to expand Digital Halo’s operations in the region.
Partners Group plans to grow Digital Halo’s data centre capacity to over 500 MW across Southeast and North Asia with two new seed assets in Manila and Johor Bahru.
“Both assets are located in high-growth data centre markets with potential for significant expansion,” says the firm. “Led by a management team with a strong industry track record, Digital Halo will provide built-to-suit and colocation services to hyperscale and enterprise customers under long-term contracts.”
The deal marks Partners Group’s fourth acquisition of a regional data centre platform since 2021. Before this agreement, the private equity firm had spent over US$4 billion to acquire US-based hyperscale data centre platform EdgeCore, pan-Nordic data centre platform atNorth and Australia provider GreenSquareDC.
“Data centres continue to be a thematic area of focus for us globally, and we believe that specific markets within Asia will offer significant growth opportunities in the years ahead,” says Luv Parikh, head of infrastructure in Asia for Partners Group.
Kai Goh, CEO and co-founder of Digital Halo, adds: “We are pleased to bring Partners Group on board to drive the next phase of our growth. We plan to build and operate next-generation, sustainable and AI-ready data centre campuses that service the needs of both US and Asian hyperscalers and enterprises across Asia.”
Partners Group’s infrastructure business has US$27 billion in assets under management globally.