Hosting.com Acquires Dallas Provider NeoSpire
Cloud hosting and recovery services provider Hosting.com today announced the acquisition of NeoSpire, a managed hosting company based in Dallas. The acquisition both expands the physical footprint of Hosting.com to provide data center space in Dallas, and also adds additional expertise to the company’s portfolio of services.
Hosting.com now has data centers in Dallas; Denver; Irvine, Calif.; Louisville; Newark, Delaware; and San Francisco, with more than 131,000 square feet of available colocation space. Hosting.com is backed by Pamlico Capital, a private equity firm founded in 1988 that invests in growing middle market companies. “Pamlico continues to be a great partner and valuable asset for Hosting.com. Pamlico has been instrumental in advancing Hosting.com’s strategy and supporting the company with acquisitions, datacenter expansions, and investment in cloud hosting and recovery services,” said Art Zeile, CEO of Hosting.com.
“The synergistic relationship between NeoSpire’s managed hosting services and colocation work well within the current and future direction of Hosting.com’s strategic plans,” Zeile added. “We’re excited to bring their current customers into our portfolio and leverage NeoSpire’s extensive security operations and expertise.”
NeoSpire was founded in 1999 by Mitch Gervis and Derek Wilson. The company’s security operations center in Dallas delivers a high level of compliance and certification assistance to help companies with complex industry and government regulations.
“We started NeoSpire with the vision of providing the best customer service in the managed hosting industry,” said Gervis, the CEO of NeoSpire. “Hosting.com shares this commitment and will also bring an expanded product line to enhance our current offerings.”
NeoSpire customers will have access to the entire suite of Hosting.com services, including the recently launched Cloud Replication solution that leverages VMware vCenter Site Recovery Manager 5 (SRM 5) to deliver enterprise-class offsite data protection and disaster recovery.
Hosting.com was advised by Alston and Bird LLP, Ernst and Young LLP, W. David Snead, EKS&H, and Moreton & Company. DH Capital, LLC served as exclusive financial advisor to NeoSpire on the transaction. Patton Boggs, LLP acted as legal counsel to NeoSpire in connection with this transaction.
JeshPosted August 15th, 2012
The quality of service has gone down significantly. Neospire was much better on it’s own.