Bain Capital is preparing to divest the Chinese operations of WinTriX DC Group in a sale that could exceed $4bn in value, according to sources familiar with the process cited by Reuters.

The private equity firm has reportedly appointed advisers and initiated preliminary discussions with potential buyers.

The Chinese arm of WinTriX, formerly known as Chindata, is forecast to deliver nearly 4bn yuan (approximately $552m) in EBITDA in 2025. The asset is expected to draw interest from strategic and financial investors, as demand for hyperscale data infrastructure continues to rise across Asia.

Bain originally acquired Chindata in a $3.2bn take-private transaction in 2022 and subsequently restructured the business under the WinTriX brand, separating Chinese and overseas operations.

The international arm of the group, Bridge Data Centres, remains under Bain’s control and recently secured $2.8bn in financing to support expansion initiatives across Southeast Asia and India.

The sale of WinTriX’s Chinese assets would mark one of Bain’s largest exits in Asia in recent years, offering the firm a significant return amid heightened investor interest in digital infrastructure.

Source: Proactive Investors