Invested in Peak 10, Inc.
Charlotte, NC – July 15, 2009 – McCarthy Capital Corporation purchased Frontier Capital’s interest in Peak 10, Inc. Headquartered in Charlotte, North Carolina, Peak 10 is a leading independent data center operator and managed services provider.
Peak 10 provides technology solutions to market-leading companies nationwide through its secure, private network and enterprise-class data centers with world-class engineering and support. As a managed services leader, the company offers virtualization, full-service hosting, and cloud-based services in a cost-efficient and reliable platform for its customers. Peak 10 owns and operates data centers in nine key markets that include Cincinnati, Ohio; Atlanta, Ga.; Raleigh and Charlotte, N.C.; Tampa and Jacksonville, Fla.; Nashville, Tenn.; Louisville, Ky.; and Richmond, Va.
“McCarthy has a proven track record of engaging and supporting their portfolio companies’ management teams. We look forward to a continuation of the strong board relationship that has contributed to our strategic success,” said David Jones, President and CEO of Peak 10.
The investment in Peak 10 is consistent with McCarthy Capital’s investment strategy – partnering with top management teams at market leading companies in high-growth, business service industries. McCarthy Capital and Peak 10’s majority shareholder, Seaport Capital, are experienced investors in the information technology and communications industry.
“We are pleased to partner with the management of Peak 10 and Seaport Capital in this growing and well-positioned business,” said Patrick Duffy, a partner at McCarthy Capital. “We believe Peak 10’s people and breadth of service offerings provide substantial opportunities for growth.”