Three global infrastructure funds will invest $320 million in Tierpoint, a regional data center provider that has built a national network through a series of acquisitions.
TierPoint
TierPoint is a fast growing provider of colocation, cloud computing, and managed IT services that specializes in serving Tier 2 markets. Their backup and recovery services have attracted clients in the healthcare and financial sectors with mission-critical data needs while being located outside of tech hot spots.
Headquarters: St. Louis, MS
Web: https://www.tierpoint.com/
Compass Points Toward New Markets, Hyperscale Deals
With new investment partners, Compass Datacenters is ready to scale its personalized data centers, competing in both regional markets and hyperscale deals.
Closer to the Edge: Investors Buying Up Regional Data Centers
Investors are buying up regional data centers, as demand for Internet infrastructure extends beyond major markets to support edge computing. In the latest example, 365 Data Centers has been acquired by an investor group.
TierPoint Keeps Building With its Deal-Driven Growth Strategy
TierPoint, which focuses on second-tier data center markets, has grown rapidly through a series of 11 acquisitions in just six years. On Wednesday Tierpoint acquired Omaha-based CoSentry.
More Data Center M&A Likely. But Who Will Be the Buyers?
With an unusual number of data center assets up for sale, investors and analysts say the likely buyers will be strategic acquirers seeking expansion, rather than private equity firms.
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 20 years, Rich has profiled the key role played by data centers in the Internet revolution.