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

Argo Infrastructure Partners, an independent fund manager, completed the acquisition of a minority stake in TierPoint, a consulting firm specializing in customized IT solutions. Financial terms were not disclosed. “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. 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,” Jason Zibarras, Argo Infrastructure Partners Managing Partner.