DH Capital Advises Latisys on Sale to Zayo
Boulder, Co – Marketwired, Feb. 23, 2015 – DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet Infrastructure, communications, and SaaS sectors, announced today that the company served as financial advisor to Latisys Holdings, LLC (“Latisys”) on its sale to Zayo Group, LLC (“Zayo”) for a price of $675 million, which was completed earlier in the week. The transaction brings together Zayo’s unique fiber assets and interconnect-oriented zColo datacenters with Latisys’ high-end data center facilities and cloud services.
“Throughout our sale process DH Capital provided Latisys with well devised strategies, tactics and collaboration leading to strong execution,” said Peter Stevenson, Co-Founder and CEO of Latisys. “The team at DH was an integral part of delivering this outcome which was built on their deep industry expertise and deal experience, which proved to be a significant asset to Latisys.”
“We are very pleased to have assisted Latisys in this important transaction. Pete Stevenson and the management team, along with Great Hill Partners and Catalyst Investors, built a premier company in the sector delivering hybrid cloud/managed and colocation services with state-of-the-art data centers across the United States and London,” said Peter Hopper, Co-Founder and CEO of DH Capital.
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 120 transactions with combined value in excess of $10.7 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 more than 120 M&A transactions and private capital placements totaling more than $10.7 billion in value. For more information on DH Capital, visit their website at www.dhcapital.com.