Xand Continues Buying Spree, Acquires DBSi
August 1st, 2012 By: Rich Miller
With continued backing from private equity firm ABRY Partners, data center provider Xand expanded into a fourth Northeast market with its acquisition of Pennsylvania-based DBSi, more than doubling its available square footage to 400,000 square feet across six facilities.
Xand will add three raised floor facilities in Pennsylvania to an already formidable trio of data centers in New York, Connecticut
and Massachusetts, servicing over 1,000 customers with colocation, cloud, business continuity and managed services.
“ABRY is proud to announce DBSi as the newest member of Xand’s leading Northeast data center services platform,” said Brian St. Jean of ABRY Partners. ”DBSi’s extensive footprint will help Xand expand their market reach throughout the Mid‐Atlantic and Northeast regions as we continue to support them with capital for future data center builds and acquisitions.”
Xand is a data center service provider based in Westchester County, New York that was acquired in October 2011 by ABRY Partners, which has made several significant investments in the data center and communications space. In April Xand acquired Northeast Access, which operates data centers n New England.
DBSi is based in Bethlehem, Pa. and provides managed hosting and disaster recovery services to clients in the healthcare and financial industries.
“DBSi’s impressive facilities, employees and customer base are a natural fit for the expansion of Xand’s Northeast platform,” said David Struwas, Xand’s CEO. “Both companies share a passionate, customer‐centric culture and are leading innovators of data center managed services for the enterprise.”
“The combination of DBSi and Xand will enable our customers to capitalize upon enhanced cloud, business continuity and managed services offerings, as well as additional facilities and resources to better meet their growing IT infrastructure requirements,” said William Bachenberg, DBSi’s current CEO, who will remain with the combined company in a technical advisory role.
DH Capital served as exclusive financial advisor to DBSi in connection with the merger transaction.