DH Capital Advises Voxel On Sale To Internap
New York, NY and Boulder, CO – January 9, 2012– 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 Voxel Holdings, Inc. (“Voxel” or “the Company”), a provider of scalable hosting and cloud services for enterprises, on its sale to Internap Network Services Corporation (NASDAQ: INAP), a provider of intelligent IT Infrastructure services.
“This exciting transaction would not have been possible without the assistance and guidance of DH Capital. The DH team was responsible for arranging growth capital for Voxel just one year ago that transformed the Company and positioned it to achieve this tremendous outcome for our shareholders. We are excited about joining Internap because of the additional opportunity this creates for the continued expansion of the VoxSTRUCTURE technology platform,” said Raul Martynek, CEO of Voxel.
“We are very pleased for the Voxel team which successfully built a highly automated, complex managed hosting and cloud business,” said Adam Lewis, Managing Director of DH Capital. He continued, “I am sure that Voxel will continue to flourish as part of Internap.”
By adding Voxel’s service locations in New York, San Jose, Amsterdam, and Singapore to Internap’s existing portfolio, the combined company will offer a truly global platform of colocation, managed hosting, dedicated hosting, and cloud services. Additionally, Voxel’s automation technologies and expertise will be leveraged to enhance the existing Internap product set.
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 40 transactions with a combined value in excess of $2.4 billion.
DH Capital, LLC served as exclusive financial advisor to Voxel on the transaction. SNR Denton LLP acted as legal counsel to Voxel in connection with this transaction.
Voxel is a leading provider of cloud and hybrid hosting solutions. With hosting facilities around the world, Voxel provides the industry’s only truly hybrid infrastructure solution, allowing clients to seamlessly mix and match dedicated VoxSERVERS, virtual VoxCLOUD servers and scalable storage across their deployment. All Voxel services are backed by a 100% uptime SLA and 24x7x365 “Zero Bureaucracy” support. Please visit: http://www.voxel.net for more information.