Hyde Park Capital Announces Sale Of Vital Network Services To Vology
Tampa, Florida - September 17, 2015 - Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recently completed sale of VITAL Network Services, Inc. (“VITAL”) to Vology, Inc. (“Vology”). VITAL is an international provider of network support services representing some of the largest and mostly widely known corporate brands in the nation. Hyde Park Capital served as the exclusive investment banker and financial advisor to Vital for this transaction.
John Koehler, President and CEO of VITAL, said, “Hyde Park Capital did an amazing job of helping VITAL understand the market, our valuation, and find the right company to acquire VITAL Network Services, Inc. I had very high standards for being acquired including not only a premium price, but also a safe landing for the employees of VITAL and a situation that would make sense to our clients. Hyde Park found the perfect Company in Vology, and helped us throughout the process in meeting all my requirements. I could not have asked for a better conclusion.”
“We appreciate the opportunity to work with VITAL and John Koehler and his excellent team at VITAL,” said John Hill, Senior Managing Director at Hyde Park Capital. “VITAL has one of the leading network management services platforms in the country and an exceptional customer base of Fortune 500 enterprise companies. VITAL and Vology make a great fit and the merger will drive considerable growth going forward.”
About VITAL Network Services
VITAL Network Services Inc., a service-only, multivendor support provider headquartered in Tampa, FL, delivers industry-leading network support services to integrators, value-added resellers, distributors and carriers. The company’s comprehensive portfolio of LAN/WAN, unified communications, wireless, server and managed broadband-based VPN solutions address all facets of the network lifecycle including network design and planning, integration, maintenance, and proactive monitoring/management. More information about VITAL is available at www.vital-ns.com.
About Vology, Inc.
Vology, an Inc. Magazine 5000-ranked fastest growing private company for 10 consecutive years, removes the confusion, wasted time and barriers that keep companies from achieving their technology goals. Through a nationwide reach of world class solutions and services and best in class engineers, Vology designs, implements and manages infrastructures for organizations across a variety of industries. Headquartered in Tampa, FL, Vology delivers freedom from IT as it’s always been done. More information about Vology is available at www.vology.com.
About Hyde Park Capital
Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. As one of the most active investment banking firms in the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.