Xand extends its market presence to a fourth state in the Northeast, more than doubling its available square footage to 400,000 square feet within six strategically located data centers.
HAWTHORNE, NY and BETHLEHEM, PA, July 31, 2012 - Xand and DBSi today announced a merger creating a privately held data center firm unrivaled in the Northeast marketplace. Xand will add three premium raised-floor facilities in Pennsylvania to an already formidable trio of data centers in New York, Connecticut and Massachusetts, servicing over 1,000 customers with colocation, cloud, business continuity and managed services.
"DBSi's impressive facilities, employees and customer base are a natural fit for the expansion of Xand's Northeast platform," said David Struwas, Xand's CEO. "Both companies share a passionate, customer-centric culture and are leading innovators of data center managed services for the enterprise."
The new company will create an opportunity for businesses of all sizes to deploy regionally diverse primary and secondary IT environments across three major metropolitan areas (New York, Boston and Philadelphia) and four states.
"The combination of DBSi and Xand will enable our customers to capitalize upon enhanced cloud, business continuity and managed services offerings, as well as additional facilities and resources to better meet their growing IT infrastructure requirements," said William Bachenberg, DBSi's current CEO, who will remain with the combined company in a technical advisory role.
Xand was acquired by ABRY Partners in October of 2011 and then merged with Access Northeast of Marlboro, Massachusetts in March of 2012. With this new DBSi transaction, ABRY Partners, a Boston, Massachusetts-based private equity investment firm, continues to build upon their impressive resume of data center and communications space investments.
"ABRY is proud to announce DBSi as the newest member of Xand's leading Northeast data center services platform," said Brian St. Jean of ABRY Partners. "DBSi's extensive footprint will help Xand expand their market reach throughout the mid-Atlantic and Northeast regions as we continue to support them with capital for future data center builds and acquisitions."
DH Capital served as exclusive financial advisor to DBSi in connection with the merger transaction.
In business for over 30 years, DBSi is an innovative data center services company providing flexible, cost-effective, mission-critical technology solutions. Headquartered in Bethlehem, PA, DBSi operates three secure, high-density, highly available data centers in Bethlehem, Valley Forge, and Breinigsville, PA. The company provides comprehensive data center services including managed hosting, cloud computing, disaster recovery, and traditional colocation to hundreds of clients across numerous verticals including the healthcare and financial markets. For additional information about DBSi, please visit the company website at www.DBSintl.com
Founded in 1989, ABRY is one of the most experienced media, communications, and business information services sector-focused private equity investment firms in North America. ABRY has completed over $27 billion of transactions, representing investments in more than 450 properties. The firm is currently managing over $3.5 billion of total capital and investing out of a $1.6 billion private equity fund, $750 million senior equity/mezzanine fund and a $1.2 billion senior debt fund. ABRY has extensive data center and communications investing experience through investments such as CyrusOne, Datapipe, e-Shelter, Hosted Solutions, Masergy, Sidera, Sentrum Holdings, Telx, and Q9 Networks.