Access Northeast Merges with Xand
HAWTHORNE, N.Y. and MARLBORO, Mass., April 3, 2012 /PRNewswire via COMTEX/ --
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, Mass. 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."
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.
For more information, please visit www.xand.com or www.accessnortheast.com
Shana Baroni 508-281-7600 firstname.lastname@example.org
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.
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE Access Northeast
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