Contact Information: For additional information on DH Capital, please contact us at: 212-774-3720 or visit our website at www.dhcapital.com
DH Capital Advises Data393 on Sale to Managed Data Holdings
| Source: DH Capital, LLC
NEW YORK, NY and BOULDER, CO--(Marketwire - January 10, 2008) - DH Capital, LLC, an investment
banking firm serving the datacenter and managed IT industries, announced
that Data393, a provider of managed hosting, collocation and IT
infrastructure located in the Denver Tech Center, has been sold to Managed
Data Holdings.
DH Capital served as the exclusive financial advisor to Data393.
"This transaction will allow Data393 to continue its rapid growth and
bring additional data center capacity online in early 2008," said Lee
Woodward, CEO and President of Data393. "DH Capital was instrumental in
helping us find the right partner and the right transaction."
"It has been our pleasure to work with Data393 and its shareholders and
management team in exploring their strategic options," stated Paul
Stapleton, Managing Director of DH Capital.
About DH Capital, LLC
DH Capital is an investment banking partnership serving the media, Internet
and telecommunications industries. Based in New York, 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 private placements, mergers &
acquisitions, financial restructuring, and operational consulting. The
principals of DH Capital have led hundreds of transactions including
mergers & acquisitions totaling in excess of $10 billion, private equity
placements totaling more than $1 billion, and debt placements totaling in
excess of $10 billion.