By Karen Roman
Argo Infrastructure Partners, LP said it now has a majority interest in data-center operator TierPoint, bringing its cumulative investment to $2.3 billion in the platform since 2020.
“TierPoint is one of the highest quality enterprise-class data center platforms and has an unparalleled track record in the industry for reliable operations and energy efficiency,” said Argo Senior Director and TierPoint Board Member Brice Soucy. “This has positioned us to capitalize on the unprecedented demand for both enterprise colocation and high-density colocation services.”
TierPoint has one of the largest and most geographically diversified U.S. enterprise-class data center footprints with 40 data centers in 20 markets, Argo said in a statement.
TierPoint is also one of the largest assets of Argo’s 18 portfolio companies and is among its key investment strategies in digital infrastructure, it said.
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