BC Partners, a private equity firm, is attempting to buy CenturyLink's data center business, but the sale process may be complicated by Digital Realty Trust lease agreements, according to Reuters. CenturyLink has previously indicated that it hopes to solidify a data center sale by early Q4.
BC Partners, which launched about 30 years ago, focuses most of its acquisitions in Europe but has made U.S.-based buyouts. Current holdings include SuddenLink, the seventh largest cable operator in the U.S., and PetSmart, the largest specialty retailer for pets in the U.S. I don't believe BC Partners currently owns IT-centric data center businesses.