# Z Squared Acquires Union County Data Campus

Z Squared Inc. completed the acquisition of Paradox Data, LLC on September 8, 2026, gaining full ownership of the Union County Campus in El Dorado, Arkansas. This energized AI data center site currently has 8 MW of power capacity with plans to expand to over 150 MW of AI-ready capacity, contingent on securing additional power arrangements, customer commitments, financing, and regulatory approvals. The acquisition was structured through $5 million in Series A Convertible Preferred Stock with potential milestone payments up to $20 million, preserving liquidity and avoiding debt financing.

- **Why this matters:** This acquisition signals growing investment in AI-focused data center infrastructure, highlighting opportunities for contractors and suppliers in power, construction, and technology sectors supporting AI workloads.
- The Union County Campus offers a strategic location with existing energized capacity, making it attractive for government and commercial AI data processing needs.
- Procurement professionals should note the importance of power availability and regulatory approvals in scaling AI infrastructure projects.
- Companies providing AI-ready data center solutions, power infrastructure, and related services may find emerging opportunities linked to this expansion and similar developments.

**Jurisdictions:** federal
**Industries:** Information Technology
**Topics:** Cloud Services
**Published:** September 14, 2026

### Government Entities
- Entergy Arkansas, LLC

### Vendors
- Z Squared Inc. (acquirer)
- Paradox Data, LLC (target company)
- Paradox Infrastructure LLC (seller)

### Key Quotes
> We have met our first goal. We closed, we paid in stock, and we took on no debt to do it. Union County gives us power already flowing, land under contract for expansion, and a path to pursue 150+ megawatts of AI-ready capacity.
> — David Halabu, Chief Executive Officer

### Sources
- [Z Squared acquires Union County data campus | ZSQR 8-K Filing](https://www.stocktitan.net/sec-filings/ZSQR/8-k-z-squared-inc-reports-material-event-7f92370b29ad.html) - Stock Titan