HostMySite to Acquire Hosting.com
Denver, CO (May 19, 2009) – HostMySite, a leading application hosting provider, announced today that it has acquired Louisville, KY-based Hosting.com. This move marks HostMySite’s first step in its plan to become the preeminent national platform for the delivery of managed services, colocation, dedicated servers and virtualized application services.
HostMySite and Hosting.com have both expanded quickly over the past decade by sharing a singular focus on premium-level customer service. The combination provides customers with 43,000 square feet of datacenter space from coast-to-coast across four data centers. It creates a solid foundation for an expanded menu of high-availability and business continuity/disaster recovery (BCDR) solutions that mid-sized enterprise customers have been searching for. Furthermore, this acquisition creates a nationwide customer support team backed by SAS-70 and PCI certifications.
“We have listened closely to our customers and they have told us that they desire both managed colocation and managed dedicated solutions for their applications,” commented Art Zeile, CEO at HostMySite. “With this acquisition, we have made a firm commitment to delivering a full spectrum of managed hosting services across a national platform.”
Joel Daly, COO further commented, “Customers will continue to experience the same extraordinary level of customer support that has made us a trusted partner to thousands of customers over the last 11 years. We pride ourselves in having the best team in the industry and look forward to delivering the same high-quality service through our expanded roster.”
Former Hosting.com CEO Darren King noted, “We spent years hiring the best talent in the industry to engineer robust hosting solutions, drive our consultative sales approach, and provide unparalleled SLAs and technical support – HostMySite provides an opportunity to expand upon and deliver these to a significantly larger number of clients.”
Wachovia Capital Partners provided an additional equity investment to support the acquisition and Golub Capital provided a $22 million senior credit facility.
HostMySite was advised by Alston and Bird LLP, Ernst and Young LLP, W. David Snead, Moreton and Company and Atlas Engineering.
Hosting.com was advised by Signal Hill Capital Group and Stites & Harbison PLLC.
As the hosting industries best example of Service Defined, HostMySite prides itself as a trusted partner with a commitment to providing a full range of world class hosting and colocation solutions. HostMySite acts as an expert extension to our customers’ Information Technology department to provide flexible, scalable and affordable solutions. HostMySite’s hosting services are supported by 24x7x365 live support through toll-free telephone, email and online chat.
Aaron D. Hollobaugh
Director of Marketing and Communications
1400 Glenarm Place, Suite 100
Denver, CO 80202
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