DH Capital Advises Ceryx on Sale to Dimension Data


NEW YORK, NY--(Marketwired - April 13, 2016) - 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 Ceryx Inc. ("Ceryx" or "the Company") and its private equity sponsor Eventi Inc. ("Eventi") on the sale of the Company to Dimension Data. Ceryx is a premier managed services provider of enterprise-class messaging and collaboration solutions with complex managed security and compliance requirements.

"DH Capital did a tremendous job as our advisor, running the sale process that generated this transaction with Dimension Data and delivered a great result for the shareholders," said Scott Bryan, Managing Partner of Eventi. He continued, "We are extremely pleased with our decision to engage the DH team; their depth of industry and deal experience was instrumental to the outcome."

"Ceryx utilized their expertise in messaging and collaboration to build a market-leading, software-enabled platform for managing these applications. It is a pleasure to have advised an innovative MSP like Ceryx along with a quality equity sponsor in Eventi," said Mark Thorsheim, Partner of DH Capital. 

DH Capital has long served as a trusted advisor, completing over 135 transactions with a combined value of more than $13.6 billion. The firm is among the largest, dedicated investment banking teams covering the Internet infrastructure, software & IT services, and communications sectors. 

About DH Capital

Founded in 2001, DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, software & IT services, and communications sectors. Headquartered in New York City, the firm's principals have extensive experience and proven abilities in finance, capital formation, 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. SaaS Capital, a DH Capital affiliate, is the premier provider of growth capital to emerging SaaS companies. SaaS Capital's innovative, recurring revenue based lines of credit, and years of experience focused exclusively on the SaaS business model, enables portfolio companies to fund substantial growth without selling a significant portion of their business. For additional information about DH Capital, please visit our website at www.dhcapital.com.

Contact Information:

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