Announced

Completed

Argo Infrastructure Partners completed the acquisition of a majority stake in TierPoint.

Synopsis

Argo Infrastructure Partners, an independent fund manager, completed the acquisition of a majority stake in TierPoint, an enterprise data center company that provides secure, connected IT platform solutions for digital transformation initiatives. Financial terms were not disclosed. “We are pleased to expand our investment in TierPoint, reaffirming our commitment as a dedicated, long-term investor in the exceptional platform. TierPoint’s robust contractual revenue profile, coupled with the achievement of an investment-grade profile on the ABS and its environmental stewardship, fully aligns with Argo’s long-term sustainable infrastructure thesis. We look forward to continuing to support the long-term growth of our collective platform in partnership with our securitization investor partners,” Jason Zibarras, Argo Founding Partner.

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