Combined company counts over 850 professionals supporting 5,000 clients with a range of IT infrastructure services and hybrid cloud solutions.
TierPoint, LLC has announced that it has completed its previously announced acquisition of Cosentry. Terms were not disclosed.
Concurrent with the closing of this acquisition, TA Associates — which acquired Cosentry in 2011 — has joined TierPoint’s investor group, including Ontario Teachers’ Pension Plan, Cequel III, RedBird Capital Partners, The Stephens Group, Thompson Street Capital Partners, and Jordan/Zalaznick Advisers, Inc. This group has backed the company with a significant investment of long-term, flexible equity capital that supports TierPoint’s strategy for continued growth across services and regions.