Sunday, August 21, 2011

ABRY Partners Completes Acquisition of Masergy Communications

ABRY Partners completed its acquisition of Masergy Communications for an undisclosed sum. Masergy delivers managed, secure virtualized network services to enterprises over its national IP/MPLS network. The deal was first announced in June.

  • 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.