Partners Group, one of the biggest private investment firms in the world, has agreed to buy Digital Halo Pte. Ltd. on behalf of its clients. The company will be purchased from its current owners, including ARCH Capital.
Partners Group said on Tuesday that Digital Halo is a data center company based in Singapore focusing on Southeast and North Asia. Partners Group plans to invest about $400 million in the company, working together with ARCH Capital, which will keep a small share of the business.
According to the statement, Partners Group plans to merge with Digital Halo’s management to grow the company into a next-generation data center platform. They aim to build more than 500 megawatts of data center capacity across several Southeast and North Asian countries.
As part of its growth plan, the company will build and run two key data centers—one in Manila, Philippines, and the other in Johor Bahru, Malaysia.
Both data centers are in fast-growing markets with much room for future expansion.
An experienced team runs the company and will offer custom-built and shared data center space for large tech companies and businesses. These services will be provided under long-term contracts, helping the company earn a steady and reliable income.
Digital Halo is growing fast because there’s a strong need for more data centers in Asia. This demand is driven by significant trends like more businesses moving to the cloud, increasing data and online shopping use, and the rising need for AI-related computing power.
Data centers are an important focus for Partners Group. Since 2021, the company has invested more than $4 billion in data centers worldwide.
Partners Group currently owns several major data center companies. These include EdgeCore, a top data center platform in the U.S., atNorth, which operates across the Nordic region, and GreenSquareDC, a data center provider in Australia.
The firm will apply its proven platform-building approach to Digital Halo.
“Data centers are still an important focus for us around the world. We believe that certain markets in Asia will have big growth opportunities in the coming years,”
“We will partner with the experienced management team at Digital Halo, which has a track record of delivering and managing data center capacity for hyperscale and enterprise clients, and leverage Partners Group’s network of global advisors to build the preferred regional data center operator in Asia,” said Luv Parikh, Managing Director, Head of Infrastructure Asia, Partners Group.
Kai Goh, Chief Executive Officer and Co-Founder of Digital Halo said that after bringing the firm’s first site in Manila into operation, securing power and all necessary building permits in Johor, and obtaining exclusivity on a third site, they are pleased to bring Partners Group on board to drive the next phase of its growth.
“We plan to build and run modern, eco-friendly data center campuses that are ready for AI. These will meet the needs of both U.S. and Asian tech giants and businesses across Asia.”
“We look forward to leveraging Partners Group’s significant experience in building next-generation infrastructure to capitalize on regional opportunities,” he added.
“We believe the market, especially in Southeast and North Asia, still offers great chances to build strong businesses, supported by positive growth trends.”
“Digital Halo in its current form, including two seed assets, one partially contracted, and a third asset in the pipeline, offers us an attractive entry point. We look forward to partnering with the management team and growing the platform,” he added.
Partners Group’s Infrastructure business manages $27 billion in assets worldwide.
The firm was advised by Latham & Watkins on the transaction.
Partners Group is one of the biggest global private market companies. It has around 1,800 employees and manages over $150 billion in assets worldwide.
Based in Switzerland, with a central office in Colorado, the firm runs investment programs in private equity, private loans, infrastructure, real estate, and royalties. They also create custom investment plans for their clients.
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