Sunday, June 26, 2011

ABRY Partners to Acquire Masergy

ABRY Partners, a private equity firm that has completed over $27 billion of leveraged transactions to date, will acquire Masergy Communications for an undisclosed sum. Masergy provides managed, secure virtualized network services to enterprises worldwide. The company leverages advanced transport technologies to deliver global Ethernet services across a native MPLS network.

  • Masergy, which is based in Plano, Texas is headed by Royce Holland, who previously was CEO of McLeodUSA, a competitive local exchange carrier that was sold to PAETEC in January 2008. Mr. Holland was also previously Co-founder, Chairman and CEO of Allegiance Telecom Inc., from 1997 until its 2004 acquisition by XO Communications Inc. Prior to Allegiance, he served as President and Co-founder of MFS Communications.

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