TierPoint closes Cosentry buy

TierPoint LLC said March 31 it has completed its previously announced buy of Cosentry. Financial terms of the deal, announced in January, weren’t disclosed. TA Associates, the seller, will retain a stake and is joining other Cosentry investors including Ontario Teachers’ Pension Plan, Cequel III, RedBird Capital Partners, The Stephens Group, Thompson Street Capital Partners, and Jordan/Zalaznick Advisers Inc. Omaha-based Cosentry provides cloud, colocation and managed services.

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