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January 03, 2012 in Seaport News
Internap Acquires Enterprise Hosting and Cloud Services Provider Voxel
ATLANTA - January 3, 2012 ─ Internap Network Services Corporation (NASDAQ: INAP), a provider of intelligent IT infrastructure services, today announced that it has acquired Voxel Holdings, Inc., a provider of scalable hosting and cloud services for the enterprise, in an all cash transaction valued at approximately $30 million, plus an additional potential $5 million in cash tied to the delivery of specific objectives during the next two years. The transaction was closed on Friday, December 30, 2011. Headquartered in New York City, with a global presence extending into North America, Europe and Asia, Voxel serves more than 1,000 customers and has approximately 50 employees.
April 05, 2011 in Seaport News
Logicworks Secures Growth Financing from Seaport Capital
NEW YORK, NY - April 4th, 2011 -- Logicworks, a leading provider of enterprise hosting and cloud computing solutions, announced today that it has raised $7.6 million in growth financing from Seaport Capital, LLC. The new capital will be used to support the growth of Logicworks' cloud computing platform, infiniCloudTM, to expand sales and marketing initiatives, and to invest further in software development, for the benefit of the company's media, financial services, healthcare, and SaaS clientele.
March 24, 2011 in Seaport News
Seaport Capital Completes New Investment in Voxel
NEW YORK, NY- (March 24, 2011) - Voxel, a leading provider of hybrid cloud hosting and managed services, announced today that it has completed a $5.5 million debt and equity capital raise led by Seaport Capital, a private equity firm focused on growth and buyout opportunities in the communications, information technology and business services sectors.
March 07, 2011 in Portfolio News
Towers going up for new safety communications
Newnan Times Herald writes about the first two towers being constructed by Municipal Communications.
February 02, 2011 in Seaport News
Seaport Capital Completes New Investment in Bay Communications II
MANSFIELD, MA - (February 1, 2011) - Bay Communications II, LLC announced today it has completed a capital raise led by Seaport Capital. Bay Communications II was founded by Jim Riley, a tower developer with nearly two decades of experience of developing towers in the Northeast. Mr. Riley also participated in the investment. Additional terms of the investment were not disclosed. Seaport Capital, an investment firm focused on growth and buyout opportunities, has extensive experience investing in the cellular tower industry. Bay Communications II is Seaport's fourth tower development company investment.
October 16, 2010 in Portfolio News
Discussion With BP's Claims Manager on Gulf Spill
Daryl Willis, BPs claims manager for the gulf oil spill, discusses the enormity of the claims process and Worley Claim Service's relationship with BP in Claims Magazine
October 08, 2010 in Seaport News
Seaport Capital Invests in Municipal Communications
ATLANTA, GA - (October 8, 2010) - Municipal Communications, LLC announced today it has completed a $10.75 million capital raise led by Seaport Capital, a private equity firm focused on growth and buyout opportunities in the communications, information and business services, and media sectors. Municipal Communications represents the first transaction made by Seaport Capital's fourth fund, Seaport Capital Partners IV, L.P. The company co-founders also participated in the investment.
October 05, 2010 in Seaport News
Seaport Capital Partners Sells Peak 10
Peak 10 Inc., a managed services company with world-class data centers, and Welsh, Carson, Anderson & Stowe ("Welsh Carson"), a leading private equity firm, have entered into a transaction in which Welsh Carson and Peak 10's executive management will acquire a majority shareholder interest in Peak 10. Selling shareholders include majority owner Seaport Capital, a New York-based private equity firm and McCarthy Capital, an Omaha, Neb.-based private equity fund.
August 05, 2010 in Portfolio News
Interview with Ken Feinberg on Gulf Oil Spill Claims
Ken Feinberg, the third party administrator for the $20 billion BP Gulf Oil Spill Fund, discusses the claims process and Worley Claim Service's role in managing the process in Claims Magazine
October 23, 2009 in Portfolio News
Equinix to Acquire Switch and Data in $689 million deal that expands Equinix's Presence into 16 new markets
Extending to New, Customer-driven Markets in North America
Foster City, CA and Tampa, FL-October 21, 2009 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Switch & Data Facilities Company, Inc. (Nasdaq: SDXC), a leading provider of data center and Internet exchange services, have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock, based on yesterday's market close. The combination of the two companies will further strengthen Equinix's leadership position in the global data center services market by extending the company's presence to 16 new markets across North America. Equinix will integrate Switch and Data's data center business and operations, including the company's 34 data centers in 22 markets in the U.S. and Canada. The acquisition will add more than one million gross square feet of data center capacity, bringing Equinix's total global footprint to 79 data centers in 34 markets and more than six million square feet across the North American, European and Asia-Pacific markets. It will allow Equinix to immediately expand into new strategicmarkets, including Atlanta, Denver, Miami, Seattle and Toronto, as well as provide a platform for future expansion of Switch and Data assets.
March 19, 2009 in Portfolio News
Peak 10 CEO Named 2009 Charlotte Business Leader of the Year
CHARLOTTE, N.C. (February 19, 2009) - Peak 10, Inc., the leading independent data center operator and managed services provider, is proud to announce that its president and chief executive officer, David H. Jones, has been named the 2009 Charlotte Business Leader of the Year in the technology category by Business Leader Magazine. The award was presented during a ceremony held at the Doubletree Guest Suites/Southpark in Charlotte on Wednesday, Feb. 18, 2009.
March 12, 2009 in Portfolio News
George Pollock Jr. of Switch and Data named CFO of the Year
George Pollock Jr., CFO of Switch and Data Facilities Co. Inc., was named the 2009 CFO of the Year at a luncheon hosted by the Tampa Bay Business Journal on Thursday. Pollock also won in the Public Company category.
February 24, 2009 in Portfolio News
Peak 10 Appoints Industry Veteran as Vice President of Business Development
CHARLOTTE, N.C (February 24, 2009)
Peak 10 Inc., the leading independent data center operator and managed services provider, is proud to announce the addition of Mark Whetstone to the Peak 10 management team. Whetstone will join Peak 10 at its Charlotte, N.C. headquarters as vice president of business development and will be responsible for overseeing Peak 10's market development and strategic partnerships.
November 18, 2008 in Portfolio News
American Internet Services (AIS) Acquires Complex Drive
American Internet Services (AIS), San Diego's largest data center operator and Southern California's fastest-growing colocation company, announced today that it has acquired Complex Drive, a well-established San Diego data center provider known for its advanced technology, expertise, and excellent support for the past 10 years. By combining the collective technology, networking capacity and expertise of both companies, AIS and Complex Drive will deliver the widest range of carrier-neutral data center solutions to support their customers' ever growing and changing business needs.
October 03, 2008 in Seaport News
Seaport Capital Acquires American Internet Services
San Diego, CA October 3, 2008: American Internet Services, Inc. (AIS), the largest provider of data center co-location services in San Diego, announced today the completion of its acquisition by an investor group led by Seaport Capital, a private equity firm focused on the media, communications, and information and business services sectors. The other members of the investor group include Viridian Investment Partners and DuPont Capital Management.
August 04, 2008 in Portfolio News
Peak 10 Webcast Advises Businesses on Profit Escalation through Virtualization
RALEIGH and GREENSBORO, N.C. (August 4, 2008) - Peak 10 Inc., the leading independent data center operator and managed services provider, will host a live webcast entitled "Virtualizing Your Data Center: Maximizing ROI and Minimizing Total Cost of Ownership" on Wednesday, August 13, 2008 from 11:30 a.m. until 12:30 p.m. EST.
July 30, 2008 in Portfolio News
Warren Bare Selects Peak 10 Atlanta to Bolster New Start-Up Company
Peak 10, the leading independent data center operator and managed services provider, announced today its partnership with new start-up recruitment company, Split Seconds. Peak 10 will provide the company with data center services out of its state-of-the-art facility in Atlanta, Georgia
July 23, 2008 in Portfolio News
tw telecom and Peak 10 Deploy Industry-Leading Ethernet Internet Solutions in Seven Cities
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Cincinnati is 7th Peak 10 market to deploy tw telecom Ethernet solutions - Other Peak 10 data centers with tw telecom Ethernet are Atlanta; Charlotte and Raleigh, N.C.; Jacksonville and Tampa, Fla.; and Louisville, Ky.- Companies expand multi-million dollar master services agreement to deliver on-demand bandwidth.
July 16, 2008 in Portfolio News
Peak 10 Cincinnati Expands Local Team with Addition of Industry Veterans
CINCINNATI, Ohio. (July 16, 2008) - Peak 10, Inc., the leading data center operator and managed services provider, has added two new members to its team as it expands to meet the demand for its services in the Greater Cincinnati region; David R. Heberling will assume the role of Director of Operations and Engineering, and Laurissa Krishock will serve as account executive.
July 14, 2008 in Portfolio News
LearningStation Supports Student Achievement with Peak 10 Charlotte
CHARLOTTE, N.C. (July 14, 2008), Peak-10, the leading provider of customized, online solutions for the K-12 classroom, to host its IT infrastructure within the data center leader's state-of-the-art facility in Charlotte, N.C.