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Key Trends in Private Equity Data Centre Investment 2021-2025: Hyperscale Demand seen as a Growth Opportunity

Key Trends in Private Equity Data Centre Investment 2021-2025: Hyperscale Demand seen as a Growth Opportunity

Sovereign Wealth Investors GIC and Mubadala Invest in ThoughtWorks

Sovereign Wealth Investors GIC and Mubadala Invest in ThoughtWorks Posted on 01/15/2021 ThoughtWorks is a Chicago-based software consultancy. Singapore’s GIC Private Limited, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested US$ 720 million in the ThoughtWorks. The new commitment of capital comes as the company continues to invest in growth and international expansion. The proceeds will be used to repurchase equity from existing investors. The seller of ThoughtWorks is Apax Partners LLP. Advisors Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC served as placement agents to ThoughtWorks in connection with this transaction. Kirkland & Ellis LLP acted as legal advisor to ThoughtWorks.

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