AirTrunk sets sights on APAC expansion, backed by fresh investment

Macquarie has completed the acquisition of an 88% stake in AirTrunk in a consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2), a MIRA-managed infrastructure fund, as well as other MIRA-managed partners.

The stake was acquired from Goldman Sachs, Sixth Street Partners and founder Robin Khuda. Following this acquisition, Khuda retains a material stake in the business and continues to operate as CEO supported by the existing executive management team.