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Another Bidder for CenturyLink Data Centers

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There’s another horse in the race to acquire CenturyLink’s data centers – BC Partners, according to a Reuters.

In September, a four private equity firms — GTCR, Charlesbank Capital Partners, Berkshire Partners and Stonepeak Infrastructure Partners — aligned to also bid on the company’s data centers, although they wouldn’t comment on it at the time.

However, today, according to Reuters, sources said that the GTCR, Charlesbank Capital Partners, Berkshire Partners and Stonepeak Infrastructure Partners group, has dissolved and no deal was reached with CenturyLink. With a sale, CenturyLink hopes to divest more than $2.5 billion.

The only comment from CenturyLink, “As we stated in our second-quarter earnings call in early August, our strategic review process continues to progress well and we expect to complete the process by the end of this year.”{ad}

They also stated at that time, “We are exploring a full range of options including, but not limited to, a partnership or joint venture, a sale of all or a portion of the data centers, as well as keeping these assets as part of CenturyLink’s portfolio. During this process, we remain focused on operating our data centers to provide our customers with the high-quality service and support they deserve.”

Earlier this year there were rumblings of Verizon Communications selling its data centers and the company is reportedly still on track to do so.


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