Avista Capital Buys DataBank Holdings
Buyout shop Avista Capital Partners has acquired DataBank, a provider of managed data center services, from investment firm Freeman Group, the company announced Wednesday. Financial terms of the transaction were not disclosed. Houlihan Lokey acted as financial advisor to DataBank. Kirkland & Ellis LLP acted as legal advisor to Avista. Avista was formed in 2005, and manages $4 billion of committed capital from offices in New York, Houston, and London.
Bycnolan
15 June 2011•3 mins read
