WinTriX DC Sale Rumors Surface Amid Declined Earnings

Bain Capital, the US Investment firm is planning to sell China's business WinTriX DC group, a data center operator for a deal of USD 4 billion. The information about this possible deal was made known by two of the internal sources of the Bain Capital Company. But Bain Capital has declined the statements of sale for now.

The primary conversations about the business deal had already finished, just a few months before. Chindata group, the former name of the company WinTriX DC group has made a total earning of 4 billion Yuan for FY25, excluding tax, depreciation, interest, and EBITDA.

Bain Capital took Chindata private in 2019 for USD 3.16 billion. Later the company was merged with Southeast Asia data centre operator Bridge Data Centres in the same year. But both of these companies were later separated under the name WinTrix DC group.

The possible sale of the data center, just after two years of acquisition, has been speculated as the reason to be the soaring profit from past years, due to innovation and development of artificial investments. The Fitch rating of WinTriX has been reduced from ‘BBB’ to ‘BB’ indicating the dropped market.

The company operates data centers in India and Malaysia, apart from China. The Bridge Data Centres from WinTriX Unit has recorded a revenue of USD 2.8 billion bank financing from outside the China market. This collected revenue has been utilized in the expansion of the data center. Therefore, Bridge Data Centre would be under the control of Bain Capital.