Argo Infrastructure Partners Further Consolidates Control of TierPoint with Latest Investment
December 11, 2025
In a move signaling continued confidence in the data center sector, Argo Infrastructure Partners has deepened its investment in TierPoint LLC, acquiring the equity interests of the majority of the operator's remaining minority shareholders. The transaction, which closed this week, further consolidates Argo's control over the US-based data center provider, in which it first became the majority shareholder last year.
The deal underscores the sustained investor appetite for digital infrastructure assets, particularly for platforms with diversified footprints and growth potential outside the primary hyperscale markets. Argo, a mid-market infrastructure asset manager now owned by Apollo Global Management, views TierPoint as a strategically positioned platform.
Jason Zibarras, Managing Partner of Argo Infrastructure Partners and a TierPoint board director, emphasized the firm's conviction, stating, "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." He added that the increased commitment supports the goal of "more than doubling the size of the portfolio," a plan backed by strong customer demand and Argo's capital resources.
Founded in 2010, TierPoint operates a portfolio of approximately 40 data centers across 18 markets in the United States, with a focus on secondary cities. The company has expanded significantly through both acquisitions and new developments. It currently has around 100 megawatts of new capacity scheduled to come online in 2026.
Argo's relationship with TierPoint began in 2020 with a $320 million investment round it co-led. The firm subsequently invested an additional $500 million in 2022 to become the largest shareholder, followed by a transaction last year that gave it majority control, bringing its total investment to $700 million prior to this latest undisclosed deal. Financial advisory for the transaction was provided by Bank Street Group, with King & Spalding serving as legal counsel.
For the industry, this continued capital infusion into a tier-two market specialist highlights a strategic bet on the decentralization of data center demand and the need for infrastructure closer to end-users. It also reflects the ongoing maturation and financial consolidation within the colocation sector as institutional investors seek to build and scale platforms.
Source: datacenterdynamics
Argo Infrastructure Partners Further Consolidates Control of TierPoint with Latest Investment
