New York, NY and Boulder, CO – October 14, 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 Xand Corporation (“Xand”), a leading provider of hosting services, on its sale to a management team led by David Struwas and backed by ABRY Partners.
“I am extremely grateful to the DH Capital team for their guidance from start to finish and their efforts in bringing this transaction to a successful conclusion,” said Lee Weinstein, CEO of Xand.
“We are pleased to have assisted Xand in completing this exciting transaction. Lee has built a fabulous company which will continue to provide market leading services to its clients under the leadership of David Struwas,” said Peter Hopper, CEO of DH Capital.
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.
Founded in 1990, Xand is a highly resilient facilities-based provider of data center infrastructure, collocation, private cloud and business continuity services. Xand specializes in complete, end-to-end solutions including application and server hosting, data storage, systems engineering, network operations, Internet connectivity, and business continuity workspace. Its pristine, state-of-the-art Data Center is headquartered in Westchester County, NY, 30 miles north of NYC. Xand supplies and maintains the best-in-class infrastructure, engineering expertise, and customer service needed to deliver superior performance, availability and security for mission-critical business solutions. For more information visit www.xand.com.
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.