SOURCE: DH Capital, LLC

January 10, 2008 12:20 ET

DH Capital Advises Data393 on Sale to Managed Data Holdings

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.

Contact Information

  • For additional information on DH Capital, please contact us at:
    212-774-3720
    or visit our website at www.dhcapital.com