NEW YORK, NY and BOULDER, CO–(Marketwired – Feb 12, 2015) – DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, is pleased to announce that it served as exclusive financial advisor to GoGrid, LLC (“GoGrid”), an industry leader in multi-cloud solutions for Big Data deployments, on its sale to Datapipe, Inc. (“Datapipe”), a global leader in managed hybrid IT solutions for the enterprise.
“DH Capital was a true partner, providing insightful advice and orchestrating a competitive process instrumental to delivering a terrific strategic outcome for GoGrid,” said John Keagy, Founder and CEO of GoGrid. “It was important to me to work with bankers that understood the value of our technology and patents. DH Capital’s industry leadership and longstanding relationships delivered participants to our process that other banks would not have been able to deliver.”
“GoGrid embodies the entrepreneurial drive of the hosting sector, developing, building and deploying infrastructure in the cloud from the beginning and pioneering orchestration technology to deliver on-demand, multi-cloud IT solutions for enterprises. Our firm is proud to have represented John Keagy and GoGrid in this important transaction,” said DH Capital Partner Mark Thorsheim.
GoGrid enables companies to evaluate and run multiple, on-demand solutions quickly, reliably, securely, and cost-effectively in the cloud and on-premise. As a leader in managed cloud and dedicated hosting, GoGrid has more than a decade of experience serving businesses around the globe, delivering solutions and services for the management and integration of open source, commercial, and proprietary technologies across multiple platforms. With over 15,000 customers and over 600,000 VMs deployed, GoGrid has pioneered cloud infrastructure for companies like Condé Nast, Merkle, and Preventice. For more information, please visit www.gogrid.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 more than 121 M&A transactions and private capital placements totaling more than $9.8 billion in value.
For more information on DH Capital, visit their website at www.dhcapital.com.
Datapipe is the only global managed service provider to future proof IT for the enterprise. The company leads the industry in architecting, deploying and managing multi-platform hybrid IT solutions, including public, private and hybrid clouds integrated with traditional IT environments. By automating IT, Datapipe supports the continuous development and delivery of secure, highly available enterprise class applications. Datapipe also delivers operational excellence through proven ITIL processes via a global team of experienced professionals and next generation data centers in New York Metro, Ashburn VA, Silicon Valley, Chicago, Seattle, Denver, Kansas City, Dallas, Amsterdam, Iceland, London, Hong Kong, Shanghai and Singapore. For more information, please visit www.datapipe.com.