Khazna Welcomes New Strategic Investors, e& Exits
Deal News | Apr 02, 2025 | Zawya
Khazna Data Centers, a leading data center provider in the Middle East, has adjusted its shareholder structure by introducing MGX and Silver Lake as new minority investors. The transition comes as e&, a listed telecommunications operator, exits its investment but retains a strategic partnership role. This realignment aims to bolster Khazna's ambitions in fostering the growth of artificial intelligence (AI) and digital economies. The CEO, Hassan Alnaqbi, emphasizes the focus on AI-optimized data center capabilities that will underpin emerging digital infrastructures. The introduction of MGX and Silver Lake, both noted global investors, is expected to accelerate Khazna's strategic global expansion and enhance its position in the hyperscale data center industry. This realignment reflects the ongoing collaboration between Khazna and e& to deliver cutting-edge digital infrastructure solutions essential for the future economy.
Sectors
- Data Centers
- Private Equity and Venture Capital
Geography
- United Arab Emirates – The article is centered around Khazna Data Centers, a UAE-based company, including the roles of regional entities like G42 and e& in strategic operations within the UAE.
Industry
- Data Centers – This involves companies that provide data storage and processing services which are essential for supporting the growth and operations of digital and AI-driven applications.
- Private Equity and Venture Capital – The entry of MGX and Silver Lake as investors involves private equity and venture capital sector transactions, highlighting investment strategies in expanding data infrastructure capabilities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Khazna Data Centers | Target company | Company | A leading data center provider in the Middle East, focused on enhancing digital infrastructure. |
| G42 | Majority shareholder | Company | A technology group playing a key role in Khazna's management and expansion. |
| MGX | New investor | Company | A global investor entering as a minority shareholder to support Khazna's growth. |
| Silver Lake | New investor | Company | A leading private equity firm investing in technology and providing funding to Khazna. |
| e& | Former shareholder and ongoing partner | Company | Initially partnered with G42, e& remains a business partner post-shareholding exit. |