What is TierPoint?
Founded in 2010 and headquartered in St. Louis, Missouri, TierPoint is a prominent provider of IT and data center services. The company offers a comprehensive suite of solutions designed to meet the evolving needs of businesses, including cloud-to-cloud recovery, robust backup services, advanced encryption, managed hosting, and reliable internet bandwidth. TierPoint positions itself as a critical partner for organizations seeking to optimize their IT infrastructure, enhance data security, and ensure business continuity in an increasingly complex digital landscape.
How much funding has TierPoint raised?
TierPoint has raised a total of $1.3B across 3 funding rounds:
Private Equity
$320M
Private Equity
$500M
Debt
$500M
Private Equity (2020): $320M with participation from Cequel III , LLC, Wafra Inc, Ontario Teachers' Pension Plan Limited, Macquarie Capital Inc., Argo Infrastructure Partners LLC, RedBird Capital Partners LLC, Thompson Street Capital Partners, and The Stephens Group LLC
Private Equity (2022): $500M led by Argo Infrastructure Partners
Debt (2025): $500M, investors not publicly disclosed
Key Investors in TierPoint
Cequel III , LLC
Cequel III, LLC is an investor in TierPoint's funding rounds. Further details on their specific investment focus are not publicly available.
Wafra Inc
Wafra Inc. is a participant in TierPoint's financing, contributing to the company's capital growth. Their investment strategy typically involves diverse asset classes.
Argo Infrastructure Partners
Argo Infrastructure Partners is a leading diversified infrastructure manager focused on essential mid-market infrastructure with a long-term, investor-centric approach. Since its establishment in 2013, the company has invested billions in high-quality infrastructure businesses, emphasizing responsible and sustainable investing. Their portfolio includes a variety of contracted, regulated, and energy transition supporting businesses, showcasing a proven track record in accessing and evaluating essential infrastructure. Argo aims to align with investor goals through solutions that prioritize yield, capital preservation, and value creation.
What's next for TierPoint?
The recent major strategic investment signifies TierPoint's readiness for its next phase of expansion and innovation. This capital infusion is expected to fuel advancements in its service portfolio, potentially including enhanced cloud capabilities, further cybersecurity enhancements, and broader geographic reach. The company's focus on enterprise-level solutions suggests a strategic direction towards capturing larger market share and solidifying its position as a leader in the competitive IT infrastructure and data center services market. Future developments will likely involve leveraging this financial backing to deepen client relationships and explore new technological frontiers.
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