Next Capital - data centre business of Fujitsu Australia

WA-45036

TREA OpCo Pty Ltd (**TREA OpCo**) proposes to acquire, by way of an asset sale, all the ‘in perimeter’ staff, processes, assets, leasehold interests in land and contracts related to the six data centre sites owned by Fujitsu Australia Ltd (**FDC**) (the **Acquisition**). TREA OpCo is a newly incorporated Australian company established for the purpose of acquiring the assets. TREA OpCo is controlled and owned by Next Capital Pty Limited (**Next Capital**), which is an independent private equity firm headquartered in Sydney, NSW. Next Capital invests in companies across various industries, including payments, premium furniture, campervan and motor home rental, assistive technology and personal financial brokerage. The target, FDC, is a business that provides data centre facilities, services and solutions. It operates six data centres in Australia, located at Greystanes (NSW), North Ryde (NSW), Homebush (NSW), Noble Park (VIC), Malaga (WA) and Eight Mile Plains (QLD).