BizLink Holding announced an agreement to acquire Interplex Datacom, a division of Ennovi and a portfolio company of funds managed by Blackstone and its affiliates, in an all-cash transaction valued at $850 million, plus up to $50 million in contingent consideration.
The acquisition represents another strategic move for the interconnect solutions provider and strengthens its data center connectivity and infrastructure business amid rising demand for AI infrastructure.
Headquartered in Singapore, Interplex Datacom develops customized interconnect solutions and precision mechanical products. The business has more than 65 years of operating history, approximately 1,900 employees, and manufacturing operations in China, Vietnam, Malaysia, and Thailand. For the 12 months ended March 31, 2026, Interplex Datacom generated about $392 million in revenue.
The company specializes in mechanical and structural components used in AI server racks, complementing BizLink’s expertise in electrical connectivity. The combination is expected to strengthen BizLink’s position as a provider of integrated data center infrastructure solutions and expand its capabilities in precision metals fabrication, semiconductor enclosures, medical equipment, and system integration assembly.
BizLink said the acquisition will enhance its ability to respond to customer demand, accelerate product development cycles, and support growing AI infrastructure deployments across Asia.
The transaction is expected to close in the second half of 2026, subject to customary closing conditions. BizLink plans to finance the acquisition through a combination of existing cash and committed debt financing provided by Citigroup.
Citigroup is serving as exclusive financial advisor to BizLink, while Baker McKenzie and EY-Parthenon are advising on legal and due diligence matters. J.P. Morgan Securities Asia Private Limited is acting as exclusive financial advisor to Blackstone, with Freshfields and Deloitte serving as legal and due diligence advisors.
KEY QUOTES:
“This Transaction is another pivotal moment in BizLink’s journey. Interplex Datacom shares our customer-centric DNA and our belief that the best solutions are built side-by-side with the people who use them. This Transaction further supports our drive to be one of the most capable interconnect platforms in the industry and will help meet the accelerated demand we are seeing from our customers. Asia is the fastest-growing region for AI data center deployment, and our customers need partners who can anticipate their future needs and scale at pace. Interplex Datacom’s manufacturing depth, design capabilities and customer relationships across the region support the growth and momentum we have already built.”
Roger Liang, Chairman and Co-Founder, BizLink, and Felix Teng, CEO and Co-Founder, BizLink
“Our investment in Interplex has focused on building a stronger, future ready business. Through close partnership with management and significant investment in dedicated teams and resources, we transformed Interplex Datacom into a key supplier in the AI compute value chain. We are pleased to see the business find a strategic home with BizLink for its next phase of growth, and we will continue to support Ennovi as it builds on its leadership in electrification and medical devices.”
Haide Hong, Senior Managing Director, Blackstone Private Equity
“As technological breadth defines competitive positioning in the AI era, Interplex Datacom remains committed to technical excellence and innovation. We are excited to partner with BizLink, leveraging our combined strengths to capture new commercial opportunities and deliver fully integrated, end-to-end services that support our customers through every stage of the lifecycle.”
Angela Zhang, General Manager, Interplex Datacom
