Dubai Holding Explores Stake in Bain-Backed Hscale as Firm Seeks Fresh Funding
Updated
Updated · Bloomberg · Jun 24
Dubai Holding Explores Stake in Bain-Backed Hscale as Firm Seeks Fresh Funding
2 articles · Updated · Bloomberg · Jun 24
Summary
Dubai Holding is working with an adviser on a potential investment in Hscale, a data-center builder majority-owned by Bain Capital, as it looks to expand its European portfolio.
Bain has approached potential investors for additional capital to develop Hscale’s business, creating the opening for Dubai Holding to take a stake.
The talks center on a private equity-backed infrastructure play tied to rising demand for data-center capacity, with Europe the immediate geographic focus for Dubai Holding.