Hosted Solutions Discusses Sale to ABRY

Hosted Solutions CEO Rich Lee says his company's acquisition by ABRY Partners will allow it to expand into new markets and new services.

Hosted Solutions CEO Rich Lee says his company's $140 million acquisition by ABRY Partners will allow it to expand into new markets and new services. "We've grown in a controlled, strategic manner," Lee says. "We've doubled our revenue each year." Which is why private equity firms are buying regional data center players. This video runs about 6 minutes.


For additional background and details, see our story about ABRY's acquisition of Hosted Solutions, as well as the recent expansion of ABRY portfolio company CyrusOne, which has added a Dallas data center.