INSIGHT REPORT CALENDAR

NEWSLETTER

Like this article?

Sign up to our free newsletter

Oak Hill closes ViaWest acquisition

Managed services provider ViaWest has completed its previously announced acquisition by private equity firm Oak Hill Capital Partners, in partnership with the company’s management team.

GI Partners also participated in the transaction and has a minority investment in ViaWest.

The financial terms of the transaction were not disclosed.

"We are very pleased to move forward in our new partnership with Oak Hill Capital," says Michael Krza, chief financial officer of ViaWest. "I cannot overstate the efforts of all parties involved to make this a seamless process, and we couldn’t be happier about the addition of another knowledgeable industry investor in GI Partners."

Senior debt financing was arranged by Royal Bank of Canada, and mezzanine financing was provided by Barclays Structured Principal Investing Fund and Solar Capital.

Headquartered in Denver, ViaWest provides co-location and managed services to mid-sized and enterprise level businesses. It maintains 16 enterprise-class data centre facilities in Colorado, Texas, Oregon, Utah, and Nevada.

Like this article? Sign up to our free newsletter

FEATURED

Tech Stocks

MOST RECENT

FURTHER READING