Paul Sutherland
Head of Communications •
Melbourne
Media release: Clayton Utz advises on AirTrunk's acquisition by Blackstone and CPP Investments
1 minute
In the largest deal of 2024, Australian law firm Clayton Utz has advised AirTrunk Founder & CEO Robin Khuda on the company's acquisition by Blackstone and CPP Investments.
AirTrunk is a pioneering Australia-based hyperscale data centre platform founded by Mr Khuda in 2015.
With a deal value of $24 billion, the acquisition is not only Australia's largest in 2024, but the largest datacentre deal globally.
Clayton Utz Tax Partner Brendon Lamers advised Mr Khuda on the successful close of the acquisition by Blackstone and CPP Investments. Mr Lamers was supported by Senior Associate George Hempenstall.
Mr Lamers said: "This acquisition is the latest step on the amazing growth journey for AirTrunk."
"It was a highlight of the year to assist Robin in navigating and closing the purchase of AirTrunk by Blackstone and CPP Investments."
"We are excited to continue supporting AirTrunk on its remarkable journey ahead..”
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Disclaimer
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.