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How Blackstone and AirTrunk plan to build a $100b business

The deal of the year? That’s old news for Robin Khuda, who is already thinking much bigger. It’s music to the ears of his new deep-pocketed backer.

There’s nothing like setting a big, hairy, audacious goal. And after the week that AirTrunk founder Robin Khuda has enjoyed, why the hell not?

Khuda took to LinkedIn on Wednesday night to mark the signing of the deal that will see Blackstone and Canadian pension giant CPP Investments acquire the business from Macquarie Asset Management for a staggering $24 billion.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/how-blackstone-and-airtrunk-plan-to-build-a-100-billion-business-20240905-p5k83l