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-in-chief 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.