McCarthy Capital Fund V Invests in DSCI, LLC
Waltham, MA – April 1, 2014 – DSCI Corporation, New England’s leading hosted communications provider, announced today that it has selected McCarthy Capital Fund V as a minority investment partner to help accelerate its business growth. DSCI’s management team will maintain control of the new entity, to be named DSCI LLC.
The significant investment from McCarthy Capital gives DSCI the means to further develop its thriving business organically and through acquisition. DSCI’s customers and channel partners will continue to benefit from the high level of technical expertise and customer service that they experience today.
DSCI provides enterprise-grade unified communications and connectivity services over its own network to more than 1,300 businesses throughout New England. The company currently employs 93 people in two locations, a corporate headquarters and sales office in Waltham, MA and an operations center in Manchester, NH.
“We are proud to partner with the management owners of DSCI, and we look forward to helping them better serve their customers and grow their business,” commented Bob Emmert, Managing Partner at McCarthy Capital.
“McCarthy Capital, like DSCI, is focused on corporate culture, retention, and employee satisfaction. They invest first in people and second in profits,” said Sean Dandley, DSCI’s President and CEO. “This transaction and the subsequent access to additional capital is going to open up a whole new world of opportunities for DSCI. I look forward to working with the team at McCarthy to make it happen.”
Signal Hill and FOCUS served as financial advisors to DSCI.
About DSCI Corporation
DSCI Corporation is New England’s leading hosted communications provider. With the power and reach of its Hosted Communications Network, DSCI delivers innovative unified communications and connectivity services to more than 1,300 businesses and organizations throughout the region. DSCI backs its services with a zealous commitment to Customer Care, including a 100% network uptime guarantee and 24/7/365 live-answer technical support. To learn more about DSCI visit www.dscicorp.com, call 866-GET-DSCI (866-438-3724), or connect with DSCI on Twitter, Facebook, LinkedIn, and YouTube.
About McCarthy Capital Fund V
McCarthy Capital Fund V is managed by McCarthy Partners Management, LLC, an affiliated RIA of McCarthy Capital (“McCarthy”). McCarthy is an Omaha-based private equity firm, with offices in Boston, focused exclusively on lower middle-market companies. For more than 25 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies.