NEW YORK, NY and BOULDER, CO – August 22, 2012 - DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, announces that it served as exclusive financial advisor to DBSi, a leading provider of high-end colocation, workspace recovery, and managed hosting services in the Mid-Atlantic region, on its recently completed merger with Xand, a leading Northeast data center, cloud, and managed services operator.
“DH Capital has done an exemplary job as our advisor. In addition to leading DBSi through this exciting transaction with Xand, the DH team also delivered when we hired them last year to source critical growth capital,” stated William A. Bachenberg, founder and CEO of DBSi.
“It is very rewarding to work with entrepreneurial companies like DBSi and see them reach these milestones. Bill Bachenberg and his team built DBSi into one of the premier data center operators in the Mid-Atlantic,” stated DH Capital Partner Mark Thorsheim. “The transaction with Xand produced a terrific outcome for DBSi, creating a very powerful data center platform serving some of the largest markets in the U.S. and delivering colocation, cloud, business continuity, and managed services under one roof.”
DH Capital served as exclusive financial advisor to DBSi on the transaction.
In business for over 30 years, DBSi is an innovative data center services company providing flexible, cost-effective, mission-critical technology solutions. Headquartered in Bethlehem, DBSi operates three secure, high density, highly available data centers in Bethlehem, Valley Forge, and Breinigsville, PA. The company provides comprehensive data center services including managed hosting, cloud computing, disaster recovery, and traditional colocation to hundreds of clients across numerous verticals including the healthcare and financial markets. For additional information about DBSi, please visit the company website at www.dbsintl.com.
Xand is a highly resilient facilities-based provider of data center infrastructure, colocation, cloud, and managed services. For more than two decades, Xand has designed, built, and managed IT infrastructure services which allow enterprises to maximize their critical application performance and availability. With data centers in New York, Connecticut and Massachusetts, Xand is able to offer colocation, cloud, enterprise hosting, managed services, business continuity, disaster recovery, and wide area networking throughout the region via its best-in-class infrastructure, engineering expertise, and commitment to customer service excellence. For more information, please visit www.xand.com.
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 over 95 M&A transactions and private capital placements totaling more than $4.5 billion in value. For more information on DH Capital, visit their website at www.dhcapital.com.