Tierpoint has received a $320 Million Preferred Equity Investment from a consortium of investors led by ARGO, Wafra, MACQUARIE
Industry
Technology
Transaction Date
01/03/2020
“This investment agreement was reached in what we all know is a very challenging environment. That’s a testament to the strong performance TierPoint has already achieved and our prospects for continued growth. We have a very strong balance sheet, with significantly reduced leverage and improved liquidity, an infusion of growth capital, and we believe, a long runway of growth ahead of us, as we continue to invest in our services, infrastructure and people."