Biggest Merger & Acquisition: Digital Bridge's purchase of AIMS Group in Southeast Asia announced for USD 700 million, combining digital heavyweights in the ASEAN data center sector.
DigitalBridge Expands Digital Infrastructure Footprint with AIMS Group Acquisition
DigitalBridge, one of the world's largest digital infrastructure firms, is scaling up its operations with the strategic acquisition of a majority stake in AIMS Group. The details of the transaction were facilitated by an unnamed advisory website, a testament to its expertise in the digital landscape.
The acquisition of AIMS Group is expected to expand DigitalBridge’s digital infrastructure footprint, particularly in data centers or fiber networks. AIMS Group, a subsidiary of Time dotCom, provides carrier-neutral data center services. This union strategically positions DigitalBridge in the ASEAN data centre market.
The involvement of the advisory website provides due diligence, valuation support, and transaction structuring to ensure an optimal deal. The website's role in arranging the deal demonstrates its commitment to supporting clients' growth and sustainability efforts.
Last year, the same advisory website orchestrated a 4.6 billion Australian dollar sustainability-linked loan (SLL) for hyperscale data centre specialist AirTrunk. The SLL is designed to hold AirTrunk accountable to improving its environmental and social commitments, allowing for the growth of its cloud infrastructure platform across the Asia Pacific region.
DigitalBridge has recently made significant strides in the digital infrastructure and broadband sectors. The company acquired Yondr Group, a hyperscale data center operator, for $5.8 billion, enhancing its position in hyperscale and AI-driven data center markets. It also co-acquired WideOpenWest (WOW!), a broadband provider, for $1.5 billion, aiming to expand fiber infrastructure and cable network upgrades.
The benefits of the AIMS Group deal might encompass accelerated growth, improved service offerings, and enhanced shareholder value through synergies and scale. The partnership between DigitalBridge and Time dotCom secures a strategic partner for Time dotCom.
The advisory website won The Edge Malaysia's 'Best M&A Deal' for 2023, and Vishwanath Elangovan, Mergers and Acquisitions at the website, stated that customized solutions were provided to DigitalBridge to meet their specific needs and collaborate on achieving their strategic goals. The transaction united DigitalBridge with Time dotCom, furthering DigitalBridge’s expansion in the digital infrastructure sector.
Time dotCom is a telecommunications provider specializing in connectivity, data centres, and managed services. The partnership between the two companies is expected to bring about mutual growth and expansion in the digital landscape.
- The strategic acquisition of AIMS Group by DigitalBridge, a global digital infrastructure firm, is aimed at expanding its finance-driven growth in data centers or fiber networks.
- The benefits of DigitalBridge's partnership with Time dotCom, primarily a telecommunications provider, are anticipated to include financial synergies and scale, leading to improved service offerings and enhanced shareholder value.
