NEW YORK, NY and BOULDER, CO – (Marketwired – August 10, 2016) – DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet infrastructure, software & IT services, and communications sectors, announced today that it served as exclusive financial advisor to StackPath on its $150 million investment from ABRY Partners, a $4.3 billion private equity fund focused on investing in information and business service companies. In addition to the capital placement, DH Capital has assisted StackPath in sourcing and closing key acquisitions including MaxCDN, Staminus and Cloak. As StackPath launches, it already counts more than 30,000 customers ranging from Fortune 100 companies to early-stage startups. The funds from ABRY are being used to finance the acquisition strategy, software development to add new services and infrastructure investments, making it a holistic security platform designed to meet a wide range of business needs.

StackPath is led by Chairman and CEO Lance Crosby — Founder and former CEO of SoftLayer Technologies, the highly successful cloud computing platform sold to IBM in 2013. “The team at DH Capital have once again been instrumental in attracting capital and providing valuable M&A advice to execute our strategy,” said Mr. Crosby. “DH does the best job of any investment bank in our sector.”

“We are very proud to work closely with an industry leader like Lance Crosby and the team at StackPath,” said Peter Hopper, CEO & Co-Founder of DH Capital. He continued, “StackPath and ABRY Partners are establishing a holistic SaaS security platform to what is currently a fragmented market.”

DH Capital has long served as a trusted advisor and maintains among the largest dedicated teams of professionals covering the Internet infrastructure, software & IT services sectors. DH Capital has advised companies on over 140 transactions with combined value in excess of $14 billion.

DLA Piper LLP acted as the legal advisor to StackPath in connection with the transaction.

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 140 M&A transactions and private capital placements totaling more than $14 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