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Bain Capital Finalizes $4 Billion Sale of WinTriX's China Data Center Business

Bain Capital
January 20, 20262 days ago
Bain Capital Successfully Completes $4 Billion Strategic Sale of WinTriX’s China Business

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Bain Capital has finalized the $4 billion sale of its data center company, Chindata, in China. The transaction, to a consortium led by HEC, is the largest in China's data center industry history. This sale highlights strong confidence in China's digital infrastructure growth. Chindata, since Bain's 2018 investment, has become a leading hyperscale data center platform supporting AI and cloud computing.

Beijing, January 16, 2026 — Bain Capital, a leading global private investment firm, today announced the successful completion of the sale of the China business of its data center portfolio company WinTriX DC Group (hereinafter “Chindata”) to a consortium led by Shenzhen Dongyangguang Industry Co., Ltd. (hereinafter “HEC”). The transaction, which values the business at approximately $4 billion, represents the largest transaction in the history of China’s data center industry. The completion of the transaction marks a successful collaboration between Bain Capital and HEC, further underscoring strong industry confidence in the long-term growth potential of China’s digital infrastructure. Since Bain Capital’s initial investment in 2018, Chindata has grown into one of China’s leading hyperscale data center platforms, playing a critical role in supporting the rapid development of artificial intelligence, big data, and cloud computing. “We are pleased to see this landmark transaction successfully completed,” said Drew Chen, a Partner at Bain Capital. “Chindata’s growth journey reflects Bain Capital’s long-term commitment to building and scaling category-leading businesses in partnership with strong management teams. We believe that HEC will build on this strong foundation and continue to advance Chindata into its next phase of growth.”

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    WinTriX China Sale: Bain Capital Completes $4B Deal