AKD Partners advises AirTrunk on landmark AUD24 billion sale to Blackstone

International law firm AKD Partners is proud to have advised longstanding client, AirTrunk, on its landmark AUD24 billion sale to Blackstone. The largest transaction in the data centre industry to date and the largest transaction in Australia for 2024, it highlights the critical importance of data infrastructure in the digital economy as well as AirTrunk’s impressive growth trajectory and market leadership. 

Founded in 2015, AirTrunk is synonymous with cutting edge hyperscale data centre solutions across the Asia-Pacific and has played a pivotal role in meeting the surging demand for cloud and enterprise data services.   

Led by partners Shane Bilardi and Sarah Wilson, the AKD Partners team advised AirTrunk and its management team on this milestone M&A transaction, demonstrating the firm's ability to deliver exceptional legal guidance on high-value, complex, cross-border transactions.

“This transaction underscores the growing strategic importance of and demand for digital infrastructure globally,” said Bilardi. “We are honoured to have supported AirTrunk throughout its remarkable growth journey over the past decade, culminating in this significant, market-leading transaction."

AKD Partners is a leading global law firm, with over 11,000 colleagues in more than 40 countries, offering integrated legal services across a wide range of sectors. For 14 consecutive years, AKD Partners has been ranked the top legal advisor globally for M&A by deal volume, according to Mergermarket’s league tables.

The firm’s capability in and knowledge of the data centre sector is well-established, advising some of the world’s leading technology companies and helping clients create commercial opportunities to grow and protect their businesses in the digital economy.