Argo Infrastructure Boosts Investment in TierPoint

Argo Infrastructure Partners this week announced it has acquired the equity interests of the majority of minority shareholders in TierPoint.

“TierPoint is a high-quality, diverse platform, positioned for growth with a long operational track record. This places it in a uniquely differentiated position, not reliant on any single segment of the data center market,” said Jason Zibarras, managing partner of Argo Infrastructure Partners and TierPoint board director.

“Our increasing commitment demonstrates our firm belief in the near-term opportunity and long-term value of the business, underpinning our conviction on more than doubling the size of the portfolio, which is supported by strong customer demand and Argo’s capital formation capabilities. We remain committed to providing the necessary resources needed to advance the next phase of growth. We value the performance and dedication of our talented TierPoint team and look forward to building on the successes made since our first investment in 2020.”