Firm at a glance
I Squared Capital is a platform private equity firm founded in 2012 and headquartered in Miami, FL, per its own website [S1]. The firm reports approximately $60 billion in assets under management as of July 2026 [S1] and maintains offices across nine cities globally, including Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney, and Taipei [S1].
What they buy
Based on publicly disclosed transactions, I Squared Capital appears to focus on infrastructure and infrastructure-adjacent investments across several sectors [S2]. The firm’s recent activity spans digital infrastructure (including data centers), environmental services, energy storage, and transportation assets [S2]. The firm’s most recent fund vintage dates to 2024 [S3], suggesting ongoing capital deployment capacity.
Portfolio
Specific portfolio company details beyond recent transactions were not available in public sources reviewed as of July 2026. The firm’s investment activity indicates a focus on large-scale infrastructure platforms rather than traditional middle-market operating companies.
Recent activity (last 24 months)
* July 2026: Exit of TIP Group [S2]
* July 2026: Acquisition of Milestone Environmental [S2]
* June 2026: Acquisition of Spire Storage Assets [S2]
* May 2026: Acquisition of U.S. AI Inference and Edge Colocation Data Center Platform [S2]
How this firm fits a seller
I Squared Capital appears oriented toward large infrastructure platforms rather than traditional lower middle market businesses. The firm’s global footprint and approximately $60 billion in assets under management [S1] suggest it targets substantial platform investments, likely requiring significant scale and capital intensity. Business owners in sectors such as environmental services, energy storage, data centers, or transportation infrastructure may find alignment if their operations meet institutional infrastructure investment criteria. The firm’s 2024 fund vintage [S3] indicates active deployment capacity as of mid-2026.
Sources
[S1] https://isquaredcapital.com (as of 2026-07-14)
[S2] https://isquaredcapital.com/news/ (as of 2026-07-14)
[S3] https://isquaredcapital.com/who-we-are/ (as of 2026-07-14)
Frequently asked questions
Does I Squared Capital buy environmental services businesses?
Based on recent public activity, I Squared Capital has acquired environmental services platforms, including Milestone Environmental in July 2026 [S2]. The firm’s observed sectors include environmental and energy-related infrastructure [S2], suggesting potential interest in scaled environmental services platforms.
What companies has I Squared Capital acquired recently?
Recent acquisitions include Milestone Environmental (July 2026), Spire Storage Assets (June 2026), and a U.S. AI Inference and Edge Colocation Data Center Platform (May 2026) [S2]. The firm also completed an exit of TIP Group in July 2026 [S2].
Where is I Squared Capital based and how big is the firm?
I Squared Capital is headquartered in Miami, FL, with additional offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney, and Taipei [S1]. The firm reports approximately $60 billion in assets under management as of July 2026 [S1].
Is I Squared Capital still actively acquiring?
Yes, I Squared Capital completed three acquisitions between May and July 2026 [S2], indicating active deployment. The firm’s 2024 fund vintage [S3] further suggests ongoing investment capacity as of mid-2026.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.