AdvancedAdvT makes £5.3m swoop for HFX

AdvancedAdvT makes £5.3m swoop for HFX

AIM-listed AdvancedAdvT has agreed to acquire HFX, a provider of a cloud-based workforce management software. AdvancedAdvT, an international software solutions provider for the business solutions, healthcare compliance and human capital management sectors, will pay £5.3m net of cash acquired of £600,000, of which £2m is to be deferred over two years.  The acquisition will be funded from the group’s existing cash resources. In the 12 months ended…

Asset manager Partners Group will take control of Singaporean data center operator Digital Halo on behalf of its clients. The asset manager intends to transform it into a regional hub and increase its capacity to 500 MW.

Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion

Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital. Partners Group said in a statement on Tuesday that Digital Halo is a Singapore headquartered data center operator focused on Southeast and North Asia, and Partners Group plans to initially commit around $400 million alongside ARCH Cap…

Partners Group acquires Singapore-based data centre platform Digital Halo, plans $400 mil investment

Swiss-based private equity firm Partners Group has agreed to acquire Singapore-based regional data centre operator Digital Halo. The firm has also announced plans to jointly commit around US$400 million ($522 million) together with Bermuda-based investment manager Arch Capital to expand Digital Halo’s operations in the region. Partners Group plans to grow Digital Halo’s data centre capacity to over 500 MW across Southeast and North Asia with two…