Company expands geographic footprint and depth of service - including extensive security offerings.
Hosting.com, a provider of managed hosting, cloud hosting and colocation solutions, yesterday announced the acquisition of NeoSpire, a provider of managed hosting services.
According to the company, the acquisition expands its physical footprint and adds additional expertise to its portfolio of services. With data centers in Dallas, Denver, Irvine CA, Louisville, Newark DE, and San Francisco, the company is well-positioned to offer expanded services to customers in the south with geographic diversity across the country. The company now has over 131,000 square feet of available colocation space in six geographically dispersed cities to deliver business solutions to customers from coast-to-coast.
It states that NeoSpire was founded in 1999 by Mitch Gervis and Derek Wilson. The NeoSpire team operates a wide range of security services and best practices to provide the highest levels of protection for their customers. NeoSpire's security operations center in Dallas delivers a high level of compliance and certification assistance to help companies with complex industry and government regulations. NeoSpire customers will reap the benefits of the company's rich heritage and technical leadership for availability and recovery services. Customers will have access to its entire suite of enterprise-class services, including the recently launched Cloud Replication solution that leverages VMware vCenter Site Recovery Manager 5 (SRM 5) to deliver enterprise-class offsite data protection and disaster recovery.
The company further states that it was advised by Alston and Bird LLP, Ernst and Young LLP, W. David Snead, EKS&H, and Moreton & Company. 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.
"The synergistic relationship between NeoSpire's managed hosting services, including managed security, application hosting, database administration, exchange hosting, SaaS hosting and colocation work well within the current and future direction of Hosting.com's strategic plans," stated Art Zeile, CEO of Hosting.com. "We're excited to bring their current customers into our portfolio and leverage NeoSpire's extensive security operations and expertise."
Hosting.com is backed by Pamlico Capital, a private equity firm founded in 1988 that invests in growing middle market companies. "Pamlico continues to be a great partner and valuable asset for Hosting.com. Pamlico has been instrumental in advancing Hosting.com's strategy and supporting the company with acquisitions, data center expansions, and investment in cloud hosting and recovery services," added Art Zeile.
"In addition to the expanded service offerings that Hosting.com will bring to the NeoSpire customers, they will benefit from the highest level of service in the industry," commented Joel Daly, Hosting.com COO. "They will also have access to our industry-leading online tools that enable self-management of their deployed services - all of which provide an excellent customer experience."
"NeoSpire is excited about the opportunities this acquisition will provide for our customers," said Mitch Gervis, CEO and Co-founder of NeoSpire. "We started NeoSpire with the vision of providing the best customer service in the managed hosting industry. Hosting.com shares this commitment and will also bring an expanded product line to enhance our current offerings."
Derek Wilson, Chairman and Co-founder of NeoSpire stated, "We have worked very hard to start and successfully build our business. This transaction with an industry leader creates a winning combination for our customers and the NeoSpire team."
No comments:
Post a Comment