Columbia Capital Leads $22M Investment in IntelliBatt
DH Capital, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, served as exclusive financial advisor to IntelliBatt on its recently completed $22 million equity investment led by Columbia Capital with participation from CBC-Capital, private investors, and incoming executives. IntelliBatt is the leading provider of UPS and battery monitoring solutions that ensure mission critical power for data centers and commercial operations.
“DH Capital did an outstanding job helping us achieve our objectives,” said IntelliBatt Co-Founder Steve Cotton. “We set out to find the right financial partner with a common vision for IntelliBatt’s market opportunity and the ability to fund substantial growth capital. The DH team did a fabulous job helping us convey this opportunity and attracting such a sophisticated investor group.”
“It comes with tremendous satisfaction to advise IntelliBatt on this transformative transaction,” said Mark Thorsheim, a Partner with DH Capital. “The company is a bona fide leader with its proprietary technology platform serving the most sophisticated data center operators in the industry. We are pleased to match IntelliBatt with Columbia, which is one of the most thoughtful and experienced private equity investors in the IT and communications infrastructure sector.”
Originally founded in 1992 under the name Data Power Monitoring Corporation or DPMC, IntelliBatt has successfully deployed UPS and battery monitoring solutions for major customers including Charles Schwab, Equinix, Digital Realty Trust and Savvis. By predicting and preempting failure, IntelliBatt-monitored sites have a perfect 20-year track record of 100% battery uptime.
“This investment led by Columbia is an exciting transaction for our customers, employees, and shareholders. We are extremely pleased with our decision to hire DH Capital,” said IntelliBatt Co-Founder Mike Brinck. “This terrific outcome is testimony to their leadership in advising companies in the Internet infrastructure sector.”
IntelliBatt, Inc. is a privately held, full-service solutions provider serving global markets with UPS and Battery Monitoring Systems and predictive services that ensure mission critical power for data centers and commercial operations. IntelliBatt is committed to supporting best practices in the UPS and battery backup marketplace and expanding into new markets and applications of battery technology. Originally founded in 1992 under the name Data Power Monitoring Corporation or DPMC by battery industry veterans, IntelliBatt is headquartered in San Rafael, California.
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, communications, and SaaS sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm’s principals have extensive experience and proven abilities in capital formation, finance, research, business development and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed over 90 M&A transactions and private capital placements totaling more than $4 billion in value.