DH Capital Advises Galaxy Cablevision on Sale of Cable TV Systems in Kansas to Eagle Communications, Inc.

DH Capital Advises Galaxy Cablevision on Sale of Cable TV Systems in Kansas to Eagle Communications, Inc.

NEW YORK, July 11 /PRNewswire/ -- DH Capital, LLC, a New York City based investment banking firm, announced today that it represented Galaxy Cablevision ("Galaxy") in their recent sale of certain of its Kansas cable systems to Eagle Communications, Inc. ("Eagle"). The cable system serves approximately 2,700 customers in central Kansas.

"We are pleased to be able to continue to assist Galaxy in its divestiture of non-core cable television systems. This transaction further allows Galaxy to focus its resources on the Company's core geographies," stated Townsend Devereux, Managing Director of DH Capital. Mr. Devereux further noted, "This transaction is a terrific fit for Eagle, and allows the company to add to its existing geographies in Kansas."

Eagle Communications, an employee owned company headquartered in Hays, Kansas, is an operator of radio stations and cable systems in Kansas, Nebraska and Missouri.

About DH Capital, LLC

DH Capital is an investment banking partnership serving the media, Internet and telecommunications industries. Based in New York, 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 private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including mergers & acquisitions totaling in excess of $10 billion, private equity placements totaling more than $1 billion, and debt placements totaling in excess of $10 billion.

For additional information on DH Capital, please contact us at 212-774-3720 or visit our website at www.dhcapital.com.

Source: DH Capital, LLC

CONTACT: DH Capital, +1-212-774-3720

Web site: http://www.dhcapital.com/

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