DH Capital advises SingleHop on sale to INAP

NEW YORK, March 01, 2018 -- DH Capital, LLC (“DH Capital”), an investment banking firm serving companies in the Internet Infrastructure, software & IT services, and communications sectors, announced today that it served as exclusive financial advisor to SingleHop LLC. (“SingleHop”) on its sale to Internap Corporation (“INAP”).  SingleHop is a leading provider of highly-automated, scalable managed hosting and on-demand Infrastructure-as-a-Service (“IaaS”) solutions.  SingleHop, which was headquartered in Chicago, Illinois, is also a recognized leader in the managed hosting and Infrastructure-as-a-Service (IaaS) business segment, offering highly automated and on-demand IT infrastructure with six strategically located data center facilities in North America and Europe. 

Founded in 2006, SingleHop leverages its proprietary, patented platform and dedicated servers to provide hosted cloud solutions to over 2,750 customers around the world.  The company has been consistently recognized for its growth, innovation, company culture and support including winning Inc. magazine’s 500/5000 Fastest Growing Company award 8 years running, CRN Magazine’s 2017 Next-Gen 250 list and the Stevie Award for Service First Support. 

“DH Capital was instrumental in advising SingleHop on this transformative transaction,” said CEO Zak Boca. “DH provided invaluable advice to our team throughout the process. Together with the INAP team, we are excited to be entering into the next chapter of the SingleHop story.”

“We are extremely pleased for Zak and the rest of the SingleHop team and excited about the combination with INAP,” said Townsend Devereux, Partner at DH Capital.   “The SingleHop team has built a highly-differentiated product offering and operating platform that will be immediately complementary to INAP’s robust suite of services,” continued Adam Lewis, Partner at DH Capital. 

About DH Capital

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 over 159 M&A transactions and private capital placements totaling $21.7 billion in value. For additional information about DH Capital, please visit our website at www.dhcapital.com.

Contact:
DH Capital
212-774-3720
www.dhcapital.com