Signal Hill is pleased to announce that its client Engine Yard, the leading Enterprise Cloud Application Management Platform and support for app developers, has been acquired by Crossover.

"Engine Yard has a decade of deep Ruby experience at the platform and support level and Crossover is the largest provider of Ruby development cloud teams," said Andy Tryba, CEO of Crossover and the new Engine Yard, and added: "By combining these two - we can now move up the stack and create a full stack Ruby on Rails experience to be a one-stop shop for the over one million Ruby applications out there."

"Engine Yard's roots are in Ruby and we are looking forward to reinvesting in that space. We are excited in our new combined offering that leverages our decade of Ruby experience and our world-class support team to offer an optimized solution that is up to 50% lower cost than going to Amazon directly and up to 50% faster with our optimized Ruby stack. We invite the 1M Ruby application owners to try out our new full stack," said Shawn Hermann, General Manager of Engine Yard.

This is the fourth in a series of recent transactions Signal Hill has completed for clients in the public cloud sector.

About Signal Hill
Signal Hill Capital Group, LLC, along with its affiliate, Signal Hill LLC, is a leading independent advisory bouique serving the M&A and private capital raising needs of growth companies and was named 2016 Boutique Technology Investment Bank of the Year by the Global M&A Network. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Services and Technology, Media & Telecommunications. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston, and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater OutcomesTM. For more information visit www.signalhill.com.