BOSTON & BATON ROUGE, La 01 November 2010 –(BUSINESS_WIRE) - Madison Parker Capital, an investment firm based in Boston, Massachusetts, today announced its investment in Venyu Solutions Inc. ("Venyu"), one of the leaders of the nation in commercial quality solutions customizable for disaster recovery and availability data protection. Madison Parker Capital in partnership with Gladstone Investment Corporation to sponsor the redemption management Venyu HLOS Inc. shareholders. This investment will enable Venyu to speed up its pursuit of new opportunities and grow its product offerings.
Brent Brown, Managing Partner of Madison Parker Capital, joined the Board of Directors of the Venyu. "Edited by Scott Thompson Venyu has developed a commander and strong leadership position in backup and disaster recovery services market online," said Brown. ""We are pleased to partner with Scott and management together to support the fast-growing team continues to the company."
"Interest and support of Madison Parker Capital validates the strength of our position on the market today and will accelerate our ability to meet the new demands of the industry," said Scott Thompson, CEO of Venyu. "As we continue our protection without fault data of our customers, we also have plans to advance our role as innovators in the industry.»
On Venyu
Venyu is the leading provider of protective services of restoration and availability data adapted to support recovery objectives and levels of service companies need to keep the Venyu progressive concurrentiels.portefeuille includes online data backup solutions of recovery physical and virtual, managed hosting, SaaS and co-location services.Venyu, whose headquarters is in Baton Rouge, Louisiana, with offices in Waltham, Massachusetts is supported by data centers geographically, highly skilled technicians and dressed in railway safety controls.For more information about Venyu, please visit: www.venyu.com.
Madison Parker capital
Madison Parker Capital is exclusively focused on investments in companies of average market inférieures.Madison partnership dedicated Boston-based investment firm Parker works with existing as well as experienced sponsor of minorities and rehabilitations executives management teams of the majority, growth and consolidation in a wide range of industries, including commercial software services, operations health care, industrial manufacturing, media/digital editing and Parker détail.Madison consumer/retail services target business operating income between $ 2 million and $ 10 million with investment sizes ranging from 5 million to 30 million dollars.Madison Parker is located in Boston, Massachusetts, and more information is available at www.madisonparkercapital.com.
Contact
HB |Hart-Boillot
Brandished Gerrish, 781-893-0053
venyu[@]hartboillot.com
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