Hosted Solutions Discusses Sale to ABRY

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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.

About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.