Hosted Solutions Discusses Sale to ABRY
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.
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By Rich Miller
April 10, 2008 | Permalink | >Get Posts By E-mail
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