AGC Equity Partners and Next Tier HD have formed a partnership with the aim of acquiring data centers and data center-related properties in the U.S. Next Tier and AGC have been working on projects in the greater mission critical space since 2017.
NEW YORK (PRWEB) MAY 23, 2018
Next Tier HD (“Next Tier”) is announcing the formation of a strategic partnership with AGC Equity Partners (“AGC”). This partnership will aim to acquire existing Data Centers and Data Center related properties across the United States via the investment fund managed by AGC and Next Tier’s capital commitment.
Next Tier and AGC have been working on projects in the greater Mission Critical space since 2017. Entering into this strategic partnership “provides the ideal arrangement for us to partner with an exceptional organization as we seek to curate a diversified national portfolio of select data center properties,” according to Next Tier’s Managing Principal, David Spiewak. “We look forward to working with the AGC team to pursue select opportunities that line-up well with the strategic investment objectives of both institutions,” added Mr. Spiewak.
About Next Tier
Based in New York, NY with Offices in the Washington DC area as well as West Palm Beach, FL Next Tier HD is among a small group of premier investment, management and services firms that focus primarily on Mission Critical and Data Center. The Company was formed in 2012 and is led by James Coakley, Kevin Reardon and David Spiewak. Next Tier brings a unique mix of experience and expertise to focus on creating outsized value in all aspects of its opportunistic business strategy.
AGC is a global alternative asset investment firm which invests across the capital structure in real estate, infrastructure and other private equity strategies, with a particular focus on European and North American assets. AGC has over $6 billion in assets under management and invests directly into real estate assets, as well as into real estate-related businesses, across the spectrum.