NEW YORK, NY & BOULDER, CO—September 30, 2009— DH Capital, LLC (“DH Capital”), a leading investment banking firm serving companies in the Communications and Internet Infrastructure sectors, announced the closing of up to $20,000,000 in senior notes for SoftLayerTM Technologies, Inc. (“SoftLayer”) from a private investment group. SoftLayer is a premier provider of global, on-demand virtual data center and hosting services from facilities across the U.S. The financing will be used to fund the continued growth of the company.“This investment will allow us to accelerate our growth plans and further validates our unique approach to the hosting business,” stated Lance Crosby, CEO of SoftLayerTM. He continued, “It was great to work with a firm like DH that really understands our sector and the SoftLayerTMdifference. I don’t think a deal like this would have been possible without them.”SoftLayerTMhas raised over $100 million in financing to date and has delivered increasing month-over-month profitability.“We are pleased to have been able to assist SoftLayer in securing this debt financing. Despite the challenging credit market environment, the Company’s superior performance and business model presented a compelling opportunity for investors,” stated Peter Hopper, President of DH Capital.DH Capital served as exclusive financial advisor to SoftLayer on the transaction.
Headquartered in Dallas, SoftLayer is the innovation leader in Cloud, Dedicated, and Managed Hosting, and the largest private hosting company in the world. SoftLayer provides cloud, dedicated, and seamlessly integrated computing environments, with world-class data centers in Dallas, Houston, San Jose, Seattle, and Washington D.C., and network Points of Presence nationwide. The company integrates and automates all elements of its platform, empowering enterprises of any size with complete control, security, scalability, and ease-of-management via a leading Customer Portal and Open API. For more information, please visit www.softlayer.com or call 866.398.7638.
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DH Capital is a private investment banking partnership serving companies in the Communications and Internet Infrastructure sectors. Headquartered in New York 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 & acquisitions, private capital placements, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including mergers and acquisitions totaling in excess of $10 billion, private equity placements totaling more than $1 billion, and debt placements totaling in excess of $10 billion. For additional information about DH Capital, please contact us at 212-774-3720 or visit our website at www.dhcapital.com.