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TPG in Talks to Buy Netrality for Up to $3 Billion

Bloomberg Markets •
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TPG Inc. is reportedly in exclusive talks to acquire Netrality Data Centers, a company backed by Macquarie Group Ltd. The deal is valued at up to $3 billion.

Netrality operates a portfolio of carrier-neutral data centers across the United States. The company has been expanding its footprint, with recent acquisitions including a data center in Philadelphia and another in Chicago.

TPG's potential acquisition of Netrality signals continued investor interest in the data center sector, driven by increasing demand for cloud computing, data storage, and digital infrastructure. The transaction, if completed, would represent a significant investment by TPG in the burgeoning data center market.