New York, NY and Boulder CO – November 5, 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 Hosted Solutions on its sale to Windstream Communications in an all-cash transaction valued at $310,000,000.
“DH Capital has worked with us since our inception and this transaction is the culmination of a long and highly valued relationship,” said Rich Lee, CEO of Hosted Solutions.
“We are pleased to have assisted Hosted Solutions in this exciting transaction. Rich and his management team, along with ABRY Partners, have built the premier managed services provider in the southeastern United States and I’m certain the company will continue to thrive under Windstream’s ownership,” said Peter Hopper, CEO and Co-Founder of DH Capital.
DH Capital has long served as a trusted advisor to Internet infrastructure and communications companies, providing M&A and private capital placement advisory services. DH Capital maintains the largest dedicated team of professionals covering the managed hosting and data center sectors. The firm has advised managed hosting and data center companies on 33 transactions with a combined value in excess of $1.7 billion.
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Communications and Internet infrastructure 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 & acquisitions, private capital placements, financial restructuring, and operational consulting.