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
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