Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Wednesday, September 20, 2006

DH Capital Advises En-Touch Systems, Inc. on Agreement to Sell a Substantial Majority Interest to Boston Ventures

DH Capital Advises En-Touch Systems, Inc. on Agreement to Sell a Substantial Majority Interest to Boston Ventures

NEW YORK and BOULDER, Colo., Sept. 20 /PRNewswire/ -- DH Capital, LLC, a New York City based investment banking firm, announced today that it represented En-Touch Systems, Inc. ("En-Touch" or the "Company") and its shareholders in their negotiations to sell a substantial majority interest in the Company to Boston Ventures.

En-Touch is a quadruple-play communications company serving selected communities in the greater Houston market with a combination of Internet, cable TV, telephone and alarm services. The Company has been extremely successful in its target markets and the additional capital to be provided by Boston Ventures will allow En-Touch to expand into new geographies.

"We are pleased to be able to assist En-Touch and its shareholders in exploring their strategic options. This transaction is a great fit between the existing En-Touch management team and shareholders and the seasoned Media and Communications investment team at Boston Ventures. The additional capital provided by Boston Ventures will allow En-Touch to replicate their highly successful model in new geographies," stated Townsend Devereux, Managing Director of DH Capital.

This transaction is subject to customary federal and state regulatory approvals.

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 http://www.dhcapital.com/.

About Boston Ventures

Founded in 1983, Boston Ventures is one of the oldest and most experienced media and communications focused private equity firms in North America. Since inception, the firm has invested $2.3 billion in 68 companies. The firm targets investments in the media, information and publishing, entertainment, and communications industries. The firm is currently investing out of its seventh private equity fund.

For more information, please visit http://www.bostonventures.com/.

Source: DH Capital, LLC

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

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

-------
Profile: intent

0 Comments:

Post a Comment

<< Home