The?Combination of Leading Data Center Managed Services Providers to?Create a Formidable Northeast Play with over 140,000 SF of Available?Colocation & Business Continuity Space and Unified Cloud Platform
Hawthorne,?NY & Marlboro, MA, April 3, 2012?? Xand and Access Northeast announced today that they have merged?to form one of the largest privately held data center companies in?the Northeast. The newly combined entity operates facilities in three?states, New York, Connecticut and Massachusetts, serving nearly 1,000?customers with colocation, cloud and managed services across the?region.
?Xand and Access?Northeast both share a strong commitment to providing excellent?service and innovative solutions to our customers,??said David Struwas, CEO of Xand. ??The?synergies between our firms will only serve to reinforce this message?to the Northeast marketplace.?
The?combination of these two providers will be able to offer regional?enterprises a multiple data center service across Massachusetts,?Connecticut and New York for better implementation of their strategic?business continuity and disaster recovery plans.
?A?single customer-centric service provider implementing end-to-end?replication, backup and recovery solutions is a very powerful?proposition,? said Rob?Stephenson, Access Northeast?s CEO. ??Our?team is very excited for the Xand merger and is bullish on the?prospect of jointly delivering Internet Infrastructure services to?businesses of all sizes.?
Mr.?Stephenson will serve as the Chief Marketing Officer and a member of?the Board of Directors in the new entity. He joins Bob DeSantis, CFO?and Mr. Struwas, CEO to form the core of the new company?s?management team. Eric Kagan, Access Northeast?s current CTO, will?also remain with the company in a technical role and as a Board?Observer.
Xand was acquired by ABRY Partners in October of?2011. ABRY Partners, a Boston, MA private equity investment firm, has?made several significant investments in the data center and?communications space.
?We?believe the combination of Xand and Access Northeast creates an?unrivaled regional service platform company intently focused upon the?data center triple play ? colocation, cloud and managed services,??said Brian St. Jean of ABRY Partners. ??We?look forward to backing the newly formed company with additional?resources for expansion and acquisitions.?
About?Xand
Founded in 1990, Xand is a highly resilient?facilities-based provider of data center infrastructure, colocation,?private cloud and business continuity services. Xand specializes in?fully managed solutions including application and server hosting,?data storage, systems engineering, network operations, Internet?connectivity, and business continuity workspace. Its pristine,?state-of-the-art data center is headquartered in Westchester County,?NY, 30 miles north of NYC. Xand supplies and maintains the?best-in-class infrastructure, engineering expertise, and customer?service needed to deliver superior performance, availability and?security for mission-critical business solutions.
About Access?Northeast
Access Northeast is one of the largest privately?held data center managed services providers in New England. For more?than 13 years, Access Northeast has designed, built and managed IT?Infrastructure services which allow enterprises to maximize their?critical application performance and availability. These solutions?include Parthenon Cloud TM, colocation, enterprise hosting, disaster?recovery and WAN connectivity.
About ABRY Partners
Founded in 1989, ABRY is one of the most experienced and?successful media, communications, and business information services?sector-focused private equity investment firms in North America. ABRY?has completed over $27 billion of transactions, representing?investments in more than 450 properties. The firm is currently?managing over $3.5 billion of total capital and investing out of a?$1.6 billion private equity fund, $750 million senior?equity/mezzanine fund and a $1.2 billion senior debt fund. ABRY has?extensive data center and communications investing experience through?investments such as CyrusOne, Datapipe, e-Shelter, Hosted Solutions,?Masergy, Sidera, Sentrum Holdings, Telx, and Q9 Networks.
Xand Contact:
Aarti Comstock
(914) 592-8282
acomstock@xand.com
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