Z Squared, Inc. Acquires 100% of Paradox Data, LLC and the Union County Campus
June 25, 2026
Z Squared, Inc. signed and later closed an agreement to acquire 100% of Paradox Data, LLC (and its Union County Campus development site) from Paradox Infrastructure LLC. The all-stock deal provides an initial $5 million Series A convertible preferred equity payment at closing, with up to an additional $20 million in milestone-based preferred stock tied to achieving AI computing capacity/energization thresholds up to 150 MW.
- Buyers
- Z Squared, Inc.
- Targets
- Paradox Data, LLC, Paradox Data and its Union County Campus (713 Industrial Road, El Dorado, Arkansas)
- Sellers
- Paradox Infrastructure LLC
- Platforms
- Industry
- Cloud & SaaS
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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