SOURCE: DH Capital, LLC

November 19, 2008 14:42 ET

DH Capital Is Exclusive Financial Advisor for WestHost Sale to UK2 Group

NEW YORK, NY and BOULDER, CO--(Marketwire - November 19, 2008) - Investment banking firm DH Capital, LLC, serving the global hosting and cable television industries, was exclusive financial advisor to Utah-based mass market hosting provider WestHost in the recent acquisition of WestHost by Britain's UK2 Group.

"The WestHost team has done an outstanding job building a strong, customer-focused platform," said Paul Stapleton, managing director of DH Capital. "UK2's acquisition of WestHost strongly communicates their continuing commitment to quality."

UK2 Group managing director and chief executive officer Ditlev Bredahl said in a statement, "I want to assure all WestHost clients that they are not going to see any changes in that kind of personal service. We're keeping the data center in Utah open because a local presence is important, and we're keeping the excellent staff that is there."

"The right deals can and do get done regardless of the economy," said Stapleton. "Buyers who can get funding are extremely selective with potential acquisitions in this market, but if value is there, deals get done," Stapleton said. "We are very pleased to have been a part of the team that brought these two strong entrepreneurial groups together."

The two firms' ideals and offerings will complement and support each other under one international umbrella. Terms of the acquisition were not released.

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. For additional information on DH Capital, please call 212-774-3720 or visit www.dhcapital.com.

About WestHost LLC

WestHost is a premier provider of mass market hosting solutions including shared, dedicated server and reseller hosting, domain registration, web design, ecommerce tools and merchant account solutions. The company's skilled professionals, outstanding customer support and world-class Tier IV facility provide its clients with a secure IT environment that ensures business resilience. WestHost has been the recipient of multiple awards including Netcraft's Top 10 Most Reliable Hosting Company numerous times. Additional information about WestHost is available at www.westhost.com.

About UK2 Group

UK2 Group family of companies includes US2.net, midPhase, 10TB.com, Resell.biz, WingSix, AN Hosting, Autica, Supreme Support, and flagship member UK2.net, which has operated for more than a decade. UK2.net has sold more than one million domain names and currently hosts hundreds of thousands of Web domains. Moving beyond its US strategy, the UK2 Group has also recently acquired Australian reseller-oriented web host Dotable (www.dotable.com).

Contact Information