Expedition Infrastructure Partners Supports OTG Acquisition Corp. I, a Newly Closed $230 mm SPAC Targeting the Digital Infrastructure Ecosystem
OTG intends to focus on established companies that provide essential products and services in areas such as IT infrastructure, power systems, connectivity, environmental controls, IT services, and engineering and construction — the foundational building blocks supporting the creation and operation of next-generation data centers.
"The digital infrastructure market is at a pivotal inflection point," said
Backed by a team with decades of operational, investment, and strategic experience, OTG will leverage its deep industry relationships to identify attractive acquisition opportunities. The team's track record spans leadership in telecommunications infrastructure, power development and infrastructure services business as private equity investors and business executives, which uniquely positions them to engineer a transaction intended to create value for investors.
XIP will work closely with its strategic partners and OTG board of directors — including
"We appreciate the conviction investors have in our strategy and expertise by investing in OTG's initial public offering," Troeller added. "We see significant potential to build a scalable platform that not only supports the digital backbone of the economy but also delivers meaningful long-term value to OTG's shareholders."
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Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including, but not limited to, with respect to the anticipated use of the proceeds of OTG's initial public offering. No assurance can be given that the proceeds of the initial public offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of XIP and OTG, including those set forth in the Risk Factors section of OTG's registration statement and final prospectus for its initial public offering filed with the Securities and Exchange Commission (the "
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