|By Marketwired .||
|January 13, 2014 11:16 AM EST||
NEW YORK, NY -- (Marketwired) -- 01/13/14 -- DH Capital, LLC, an investment banking firm serving the Internet infrastructure, SaaS and telecommunications industries, announced today that Howard Loewenberg and Doug Webster will be joining the firm as Partners. Mr. Loewenberg and Mr. Webster are among the most accomplished bankers serving these industries and have advised on numerous significant transactions in the sector, including the approximately $400 million sale of Peak 10, Inc. to Welsh, Carson, Anderson & Stowe, the $525 million acquisition of CyrusOne by Cincinnati Bell, and the October 2013 sale of Pivot Data Centres to Rogers Communications for C$155 million. Adding these experienced industry leaders reflects DH Capital's commitment to providing the highest level of advice and service to the Internet infrastructure sector. Mr. Loewenberg and Mr. Webster will join DH Capital upon the satisfaction of certain commitments to their previous employer from which they recently resigned.
"We could not be more pleased to have Howard and Doug join us here at DH Capital" said Peter Hopper, CEO of DH Capital. "As competitors, we had the highest level of respect for them and their track record. Their reputation for integrity has clearly distinguished them as leading advisors in the sector. Adding Howard and Doug as Partners further strengthens our position as the leading provider of M&A, capital placement and consulting services to the Internet infrastructure sector."
Mr. Loewenberg and Mr. Webster previously served as Managing Directors at Signal Hill, completing more than 20 transactions with cumulative aggregate value in excess of $3.0 billion over the past seven years. With 27 years of experience in investment banking, Mr. Loewenberg previously distinguished himself in M&A and telecom/Internet infrastructure leadership roles at Alex. Brown & Sons, Bankers Trust, and Deutsche Bank. Mr. Webster has more than twenty five years of investment banking, investment and operating experience in the communications and technology industries, having previously served as Group Vice President for MCI Communications, where he was responsible for all M&A and investment activity.
"We have long highly regarded DH Capital as a focused, knowledgeable and capable firm achieving superb outcomes for their clients," said Loewenberg. "We are extremely excited to be joining this team, which shares our commitment to assisting quality companies in our sector realize their transaction objectives." Webster added, "DH Capital's complete focus on cloud, Internet infrastructure and telecom is very powerful. Howard and I are delighted to partner with this team as we build together for the future."
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, communications, and SaaS sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed more than 108 M&A transactions and private capital placements totaling more than $9.1 billion in value. Visit www.dhcapital.com for more information.