RadiusDC Acquires Miami I Data Center from NextStream (Actis-owned)

August 13, 2024

RadiusDC, backed by IPI Partners, acquired the Miami I carrier-neutral data center in Sweetwater, Florida from NextStream, a Latin America data center operator owned by Actis. RadiusDC plans immediate investment to expand the site's critical IT power capacity from 3.2 MW to 9.2 MW and to strengthen its connectivity ecosystem to serve latency-sensitive and hyperscale customers in South Florida.

Buyers
RadiusDC, IPI Partners, LLC
Targets
Miami I
Sellers
NextStream, Actis
Industry
Infrastructure
Location
Florida, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.