DH Capital Advises MacStadium on Investment Led by

NEW YORK, NY --(Marketwired - May 22, 2017) - 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 the exclusive financial advisor to MacStadium Inc. ("MacStadium") on a strategic growth equity investment led by Summit Partners, with participation from Noro-Moseley Partners. MacStadium is a leading provider of on-demand cloud infrastructure-as-a-service ("IaaS"), offering managed Mac hosting and private cloud solutions for individuals and organizations of all sizes. MacStadium is headquartered in Atlanta, Georgia with growing operations in Las Vegas, Nevada and Dublin, Ireland.

Founded in 2012, MacStadium leverages its proprietary, patented platform and dedicated servers to provide hosted cloud solutions to software developers in over 50 countries around the world. The company serves more than 2,500 customers and has deployed more than 10,000 Mac Minis and Mac Pros. In 2016, MacStadium was #44 on the Inc. 5000 List, and was recognized at #20 on the Deloitte Technology Fast 500 List for North America.

"DH Capital did an outstanding job in advising MacStadium on this transformative transaction," said CEO Greg McGraw. "The DH team provided invaluable advice to our team and outside shareholders throughout the process."

"The DH team's deep industry knowledge and M&A expertise was instrumental in leading MacStadium through the competitive process and ultimately to a terrific outcome," added Jason Michaud, President and Founder of MacStadium.

"We are extremely pleased for MacStadium and excited about their new partnerships with Summit Partners and Noro-Moseley Partners. The MacStadium team has built a highly-differentiated offering and is well-capitalized to address their growing market opportunity," said Mark Thorsheim, Partner at DH Capital.

"MacStadium has successfully established their company as the 'go-to' cloud IaaS platform for developers that use genuine Mac hardware," added Adam Lewis, Partner at DH Capital.

About DH Capital 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 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 148 M&A transactions and private capital placements totaling more than $17.7 billion in value. For additional information about DH Capital, please visit our website at www.dhcapital.com.