DH Capital Completes Its 100th Transaction; Advises Host.net on Sale to NOVACAP and Management
NEW YORK, NY and BOULDER, CO, Jan 24, 2013 (MARKETWIRE via COMTEX) --
DH Capital, an investment banking firm serving companies in the
Internet infrastructure, communications, and SaaS sectors, is pleased
to announce it served as exclusive financial advisor to Host.net on
its recently completed sale to the company's management team and
NOVACAP. Host.net has revolutionized the colocation and virtual
private data center industry in South Florida through its commitment
to innovation, up-time and world-class customer support.
"DH Capital advised our company through a complex transaction," said
Host.net CEO Jeff Davis. "We are especially pleased with the result
achieved and the effort put forth by the entire DH team. Teaming up
with NOVACAP as our financial partner will provide the company with
capital to execute our growth plans."
"We are very pleased to have assisted Jeff Davis and the entire
Host.net team. Host.net combines state-of-the-art facilities and
managed services with a broad and robust national network allowing
the company to seamlessly provide a secure, end-to-end solution.
Pairing Host.net with NOVACAP results in a fantastic outcome for the
company, its clients, and employees," commented Adam Lewis, Partner
of DH Capital. "NOVACAP's expertise in the colocation and managed
services sectors, as well as previous investment experience, will add
tremendous value to Host.net as it continues to grow."
DH Capital has long served as a trusted advisor to Internet
infrastructure and communications companies, providing M&A advisory
and private capital placements. DH Capital maintains the largest
dedicated team of professionals covering the managed hosting and data
center sectors and has advised companies on 45 transactions with a
combined value in excess of $4.4 billion.
Host.net is a multinational provider of managed
infrastructure services focusing on colocation, cloud computing and
storage, along with network transport and transit for enterprise
organizations. The company operates multiple enterprise-class data
centers connected to an extensive fiber-optic backbone delivering
Internet, MPLS and layer 2 communications using a wide array of
last-mile options. It serves customers in most major metropolitan
regions of North America as well as portions of Europe. Founded in
1996, Host.net is headquartered in Boca Raton, FL. Further
information about Host.net is available at http://www.host.net.
With $790 million in assets under management, NOVACAP
is one of Canada's leading private equity firms. Since 1981, its
distinct partnership approach based on operational expertise has
helped companies accelerate their growth and maximize their value.
NOVACAP ranks among the top private equity firms in North America.
For more information, please consult: http://www.novacap.ca.
About DH Capital:
DH Capital is a private investment banking
partnership serving companies in the Internet infrastructure,
communications, and SaaS sectors. Headquartered in New York City with
offices in Boulder, Colorado, the firm's principals have extensive
experience and proven abilities in capital formation, finance,
research, business development and operations. DH Capital provides a
full range of advisory services to companies and financial
institutions, including mergers and acquisitions, private capital
placements, financial restructuring, and operational consulting. DH
Capital has completed 100 M&A transactions and private capital
placements totaling more than $5.9 billion in value. For more
information on DH Capital, visit their website at
SOURCE: DH Capital, LLC
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