DH Capital Advises INetU on Sale to ViaWest
NEW YORK, NY, Dec. 22, 2015 – (Marketwired), DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet Infrastructure, communications, and SaaS sectors, announced today that it served as exclusive financial advisor to INetU, Inc. (“INetU”) on its $162.5 million sale to ViaWest. INetU is a leading IT solutions provider to enterprises for public, private and hybrid cloud environments with complex managed security and compliance requirements.
“We entrusted DH Capital with helping to create a successful outcome and they delivered great results for the company and our shareholders. It was a pleasure working with an investment banking team that is so knowledgeable and experienced in the sector,” said Dev Chanchani, Founder and CEO of INetU.
“It was a tremendous experience working with INetU’s innovative management team alongside a thoughtful, supportive financial sponsor in BV Investment Partners (“BV”),” said Mark Thorsheim, Partner of DH Capital. He continued, “This is a business that was purpose-built by Dev from the beginning to serve the enterprise customer with growing, complex hosting needs, making this platform extremely attractive.”
Louis Bertocci, a Managing Director at BV, added, “DH Capital’s knowledge of the hosting sector M&A landscape resulted in a tight, competitive process with a terrific outcome. Their team approach delivered outstanding execution from start to finish.”
DH Capital has long served as a trusted advisor and maintains the largest dedicated team of professionals covering the Internet infrastructure, communications, and SaaS sectors. DH Capital has advised companies on over 130 transactions with combined value in excess of $13.2 billion.
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 over 130 M&A transactions and private capital placements totaling more than $13.2 billion in value. SaaS Capital, a DH Capital affiliate, is the premier provider of growth capital to emerging SaaS companies. SaaS Capital’s innovative, recurring revenue based lines of credit, and years of experience focused exclusively on the SaaS business model, enables portfolio companies to fund substantial growth without selling a significant portion of their business. For additional information about DH Capital, please visit our website at www.dhcapital.com.