HEC-Led Consortium Acquires Chindata (WinTriX China Business) from Bain Capital for $4B

OneSix Acquires CTI Data

January 8, 2026

Data & Analytics

OneSix, a Chicago-based data and AI consultancy, has acquired CTI Data, a Burlington, Massachusetts data governance and analytics consulting firm founded in 1994. The deal expands OneSix’s governed Snowflake analytics and responsible AI capabilities; financial terms were not disclosed. Novistra Capital served as exclusive advisor to CTI Data and OneSix added Frank Farrall to its board.

Hypertec Cloud Acquires 5C Data Centers to Form 5C Group

April 10, 2025

Infrastructure

Hypertec Cloud has acquired 5C Data Centers and spun Hypertec Cloud out of Hypertec Group to create 5C Group, a combined AI digital infrastructure provider. The deal integrates Hypertec Cloud's high-performance AI compute capabilities with 5C Data Centers' U.S. campus footprint to accelerate AI deployments, improve speed-to-deployment, and optimize performance and cost for large AI and enterprise customers.

Bain Capital to Take Chindata Group Private

August 11, 2023

Infrastructure

Bain Capital signed a definitive agreement to acquire all outstanding shares of Chindata Group Holdings Ltd, taking the Asia‑Pacific hyperscale data‑center operator private at US$4.30 per ordinary share (US$8.60 per ADS). The transaction, supported by existing and new investors, values the company at roughly $3.16 billion and is intended to provide long‑term control and capital to support Chindata's continued expansion and operations across the region.

Huron Capital Acquires TriStruX

December 23, 2021

Infrastructure

Huron Capital completed the acquisition of TriStruX, a national provider of telecom infrastructure services formed from the 2020 merger of Telcom Engineering Group, Leone Electric Corporation and High Point Utilities. The deal creates a telecom infrastructure services platform to support 5G and fiber deployment nationwide, with TriStruX founders remaining in management and holding minority stakes.

Bain Capital Combines ChinData and Bridge Data Centres to Create ChinData Group

July 25, 2019

Infrastructure

Bain Capital has merged its portfolio companies ChinData and Bridge Data Centres to form ChinData Group, a pan-Asian data centre platform serving hyperscale, wholesale and custom-build customers across China, India and Southeast Asia. The transaction is funded from vehicles managed by Bain Capital Private Equity and Bain Capital Credit and aims to scale the combined platform’s hyperscale capacity and regional reach.

H.I.G. Capital Acquires CXtec and TERACAI

August 29, 2016

IT Services

H.I.G. Capital (through an affiliate) has acquired CABLExpress Corporation d/b/a CXtec and TERACAI Corporation, both headquartered in Syracuse, New York. The acquisitions combine CXtec’s refurbished networking hardware, data center cabling manufacturing and aftermarket maintenance capabilities with TERACAI’s systems-integration and IT infrastructure services to accelerate product and service expansion and growth.