US data center firm Blueprint Data Centers has secured investment from an asset management company.

Northampton Capital Partners this week announced that it has entered into an agreement to make a strategic investment in Blueprint.

The terms of the investment were not shared.

Founded in 2023, Blueprint (formerly Blueprint Projects) is developing two data center sites with 85MW of gross capacity around Austin, Texas, that can be ready for service starting in 2026.

Scott McBride, founding partner at Northampton Capital Partners, said: “We are excited to work with the Blueprint team and look forward to what we believe will be a long and successful partnership. Yaerid, Samarth, and the entire team have done a remarkable job to date of positioning their business, and we believe there is a significant opportunity to help them accelerate their growth. We look forward to helping Blueprint reach its full potential.”

On its website, Blueprint says it is developing a 60MW facility around Taylor and a 25MW site in Georgetown.

Yaerid Jacob, Blueprint co-founder and CEO, added: “I am proud of what we have accomplished to date with respect to executing against our strategic objectives and maintaining high standards that have been effective at de-risking projects. The team at Northampton shares our vision to serve as a leader in the data center market and is committed to building a world-class business. We are looking forward to partnering with them and to this next chapter of Blueprint’s growth.”

Jacob previously held roles at oil and gas engineering firm Triune Energy Services, Bank of America Merrill Lynch, and Bechtel.

Northampton describes itself as an alternative asset management firm focused on infrastructure investments in the middle market targeting the energy, digital, and other critical infrastructure sectors. The company has approximately $1.1 billion of assets under management.

The 52-acre Taylor site, located at 1601 Martin Luther King Jr. Drive in Williamson County, is set to total 135,000 sq ft (12,540 sqm) at full build-out. The company has previously secured tax breaks for the project.

Blueprint secured tax breaks for its Georgetown project, a $160 million development on a 10-acre parcel at 1201 Westinghouse Road, in September 2024. The data center is set to span 45,000 sq ft (4,180 sqm).

Kirkland & Ellis is acting as counsel to Northampton.