Private equity house Macquarie chucks some money in AirTrunk, grabs majority stake in Aussie hyperscaler

A disturbance has been detected in the world of data centres amid reports that private equity biz Macquarie is to take a majority stake in Sydney-based AirTruck that will cost circa A$3bn. The claim, made by Bloomberg, follows reports in December that Goldman Sachs was running an auction for AirTruck, which bills itself as the …

[sbt]

What you gonna do with all that junk in my truck?

Is it AirTruck or AirTrunk?

[W.S.Gosset]

Background note: Macquarie

For those unaware, Macquarie is a sharp-but-fair player, unusually intelligent, typically at the pointy-end of the financial markets in terms of smart trading/investing.

For example, if an investment bank outbids Macquarie, you know they overpaid. You can think of them like a less hysterical Goldman Sachs.

Their infrastructure group(s) in particular have been serious & profitable global players for quite a while now.

Bankers Trust and Macquarie used to be same-style neck&neck until BT was bought & mungled.

[NeilPost]

Re: Background note: Macquarie

They are also lumbered with the Midland Expressway (better known as the M6 toll) ... so maybe not that sharp.