DIF Capital Partners (DIF) has announced that it has signed an agreement to acquire Tonaquint Data Centers, a leading data center provider in the Mountain West region in the United States.

Following the purchase, Tonaquint's management continues to own a minority stake and the investment will be made through DIF's core-plus CIF III fund. The investment from DIF Capital Partners allows Tonaquint to further develop a data center platform in North America. The transaction also aligns with DIF's commitment to further growth in the digital infrastructure space in North America and beyond. Tonaquint serves a customer base in the technology, healthcare, financial services and industrial sectors. 

Bank Street Group LLC acted as a financial advisor to Tonaquint in connection with this transaction and Agentis Capital served as a financial advisor to the DIF.