Peak 10, a portfolio company of GI Partners, has agreed to acquire ViaWest, a wholly-owned subsidiary of publicly-traded Shaw Communications, for $1.675 billion in cash. GI Partners is a prior owner of ViaWest. It invested in the company in May 2010 and then sold it in September 2014 to Shaw Communications. Peak 10 provides IT […]
data centers
TA Exits Cosentry, Invests in TierPoint
Cosentry, a provider of IT services and a portfolio company of TA Associates, has agreed to be acquired by TierPoint. Upon closing of the acquisition, Cosentry will become a subsidiary of TierPoint and will operate under the TierPoint brand. Simultaneously, TA Associates – which acquired Cosentry in 2011 – will become an investor in TierPoint. […]
ABRY Partners Exits Xand
ABRY Partners has sold its portfolio company Xand, a provider of IT managed services, to TierPoint. TierPoint is currently owned by an investor group that includes Cequel III management led by Chairman Jerry Kent, RedBird Capital Partners, The Stephens Group, Jordan/Zalaznick Advisers, and Thompson Street Capital Partners. Xand, acquired by ABRY in October 2011, is […]
Oak Hill to Acquire Pulsant
Pulsant, a provider of managed, hosted data center and IT infrastructure services to the mid-market, has entered into an agreement to be acquired by Oak Hill Capital Partners. Pulsant is a portfolio company of Bridgepoint Development Capital. Pulsant was formed in October 2010 when Bridgepoint Development Capital acquired Lumison, a provider of connectivity, hosting and […]
