Hostway_Littlejohn_December_2013

NEW YORK, NY and BOULDER, CO – December 16, 2013  -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 Hostway Corporation (“Hostway”), a leading provider of cloud hosting, dedicated hosting, managed hosting and Web hosting services, on its sale to Littlejohn & Co., LLC (“Littlejohn & Co.”), a private investment firm based in Greenwich, CT. “We are extremely pleased with the hard work and valuable advice delivered by the DH Capital team throughout the transaction,” stated Lucas Roh, co-founder and Chairman of Hostway. “Hostway was one of the early entrants into the hosting market and demonstrated the foresight and fortitude to establish a platform serving a wide range of enterprise customers,” said Mark Thorsheim, Partner of DH Capital.  “Littlejohn & Co. recognized this opportunity and Hostway is now well positioned to grow with a supportive financial partner,” added Peter Hopper, CEO of DH Capital.

About Hostway

Hostway Corporation is a leader in Cloud, Managed, and Hybrid Hosting. Hostway delivers reliable, secure, and scalable Infrastructure-as-a-service (IaaS) solutions to over 600,000 customers worldwide. Hostway services its clients from more than 250,000 square feet of state-of-the-art data center space, spanning four continents and 12 countries. Hostway has emerged as one of the largest cloud hosting and Infrastructure-as-a-Service providers in the world due to the company’s expertise in developing secure, multi-tenant hosting environments and is committed to providing SMB’s and large enterprises with cost effective business solutions. Hostway’s core products include Managed HostingCloud Hosting, and Email and Applications.

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 107 M&A transactions and private capital placements totaling more than $8.6 billion in value.

For more information on DH Capital, visit their website at www.dhcapital.com.

About Littlejohn & Co.:

Littlejohn & Co. is a Greenwich, Connecticut-based private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach.  The firm is currently investing from Littlejohn Fund IV, L.P., which has over $1.3 billion in capital commitments.

For more information, visitwww.littlejohnllc.com.