V

Hyperscale Data Center M&A & IPO Waterfall Engine

Modeling $100B Exit Economics & Capital Structures
Exit Transaction Structure
1. Operational Capacity & Pricing
Active Capacity 2,500 MW
Under Construction 1,500 MW
Avg Rent ($/kW-month) $140 / kW
EBITDA Margin 72%
2. Capital Structure & Multiples
Exit EV/EBITDA Multiple 25.0x
Net Debt ($ Billions) $42.50B
Preferred Equity ($ Billions) $7.50B
Primary IPO Raise ($ Billions) $10.00B
Implied Enterprise Value
$75.60B
$30.24M / Active MW
Implied Equity Value
$25.60B
Sponsor & Public Equity
Run-Rate EBITDA
$3.02B
Annual Revenue: $4.20B
IPO Float Dilution
28.1%
Sponsor Net: $15.60B
Enterprise Value Capital Stack Waterfall
Valuation Matrix: Active MW vs Exit Multiple
Waterfall Payout & Capital Distribution Breakdown
Capital Tranche / Metric Seniority Tier Value ($ Billions) % of Enterprise Value Implied $/MW Active
Source Grounding: Based on Reuters reporting on Vantage Data Centers exploring a $100 Billion IPO or outright sale. Hyperscale platform valuations are characterized by severe capital intensity, long-term power PPA contracts, high EBITDA margins (~70%+), and substantial debt stacks structured ahead of sponsor common equity.
Enjoy this tool? Build your own with Super