DH Capital Advises NeoSpire On Sale To Hosting.com
New York, NY and Boulder, CO – October 19, 2011 – DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet infrastructure and communications sectors, is pleased to announce it served as exclusive financial advisor to NeoSpire, Inc. (“NeoSpire”), a mission critical managed hosting company, on its sale to Hosting.com.
“DH Capital was instrumental in creating a successful outcome, delivering great results for our shareholders. It was a pleasure working with an investment banking team that is so knowledgeable about the hosting business,” said Mitch Gervis, CEO of NeoSpire.
“The NeoSpire team built a highly attractive, complex managed hosting business,” said Mark Thorsheim, Partner of DH Capital. He continued, “The strong reception we received from interested parties is a testimony to their achievements.”
Derek Wilson, Chairman of NeoSpire, said, “Selling your business can be an arduous process. DH Capital worked 24-7 to ensure that our process succeeded. Their team approach resulted in outstanding execution from start to finish.”
DH Capital has long served as a trusted advisor to Internet infrastructure and communications companies, providing M&A advisory and private capital placements. DH Capital maintains the largest dedicated team of professionals covering the managed hosting and data center sectors and has advised companies on 38 transactions with a combined value in excess of $2.3 billion.
DH Capital, LLC served as exclusive financial advisor to NeoSpire on the transaction. Patton Boggs, LLP acted as legal counsel to NeoSpire in connection with this transaction.
About NeoSpire, Inc.
NeoSpire, Inc. is a premier provider of full-service, mission critical managed hosting solutions for organizations that demand 100% uptime. Since 1999, NeoSpire has been providing the infrastructure, security, expertise and customer-centric support required by clients that rely on Web sites and Web-based applications for critical business purposes. Visit www.neospire.net for more information.
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure and communications 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 90 M&A transactions and private capital placements totaling more than $4 billion in value.
For additional information about DH Capital, please contact us at 212-774-3720 or visit our website at www.dhcapital.com.