New York, NY and Boulder, CO – September 10, 2010 – DH Capital, an investment banking firm serving companies in the Internet infrastructure and communications sectors, is pleased to announce it served as exclusive financial advisor to Cervalis on its recently completed preferred equity investment from Goldman Sachs. Cervalis is a premier provider of IT infrastructure solutions, including business continuity and rapid recovery, managed hosting, and co-location. The company will use proceeds from the new investment to accelerate its data center expansion.
“DH Capital has advised us through several significant financing transactions over the last few years,” said Cervalis CEO Michael Boccardi. “Once again, we are extremely pleased with the results the DH Capital team achieved in securing this investment. Partnering with Goldman Sachs provides us with capital to fulfill our vision and execute our strategic growth plans.”
“It has been a real pleasure to assist Cervalis as it has reached another important milestone,” said Mark Thorsheim, Managing Director of DH Capital. “The company has developed a high-end data center platform poised for growth. We are excited to match Cervalis with one of the most experienced private equity investors in the IT Infrastructure sector.”
Cervalis is a premier provider of IT infrastructure solutions including business continuity / rapid recovery, managed hosting, managed security, managed storage, networking and telecommunications, and co-location. The company’s skilled professionals, world-class facilities and outstanding customer support provide clients with a secure IT environment that ensures business resilience.
For additional information about Cervalis please visit the company website at www.cervalis.com.
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure and communications 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 M&A transactions and private capital placements totaling more than $3 billion in value.