Capstone Partners served as exclusive financial advisor to Glasshouse Technologies, Inc., assisting the company in the divestiture of its assets in a series of transactions to strategic parties, including Signature Technology Group.
Glasshouse is a global provider of IT infrastructure services, delivering a comprehensive suite of solutions designed to assist customers in navigating the complexities of data center migrations and implement virtualization, security, storage and cloud technologies.
These divestitures were executed on a global basis, with multiple buyers pursuing separate acquisitions in each of Glasshouse’s major markets – the United States, United Kingdom and Australia.
Signature Technology Group, a privately held data center maintenance, professional services and hardware and software solutions provider headquartered in Arizona, acquired the majority of Glasshouse’s U.S. assets, bolstering its capabilities in high-end infrastructure consulting and expanding its geographic footprint.
[Capstone Partners] played an instrumental role in helping our Board evaluate Glasshouse’s available strategic alternatives and execute on a series of divestitures. Their team’s commitment to the engagement, combined with strong buyer relationships and a disciplined sell-side process, helped quickly engineer the right series of outcomes for our company.
