Deal Spotlight: Client SingleHop Acquired by INAP for $132 Million
Hinshaw would like to congratulate its client SingleHop for completing its sale to Internap Corporation (NASDAQ: INAP). SingleHop is a leading provider of hosted private clouds and managed hosting. Hinshaw represented SingleHop and its predecessor companies for over a decade, assisting them with their initial formation, day-to-day corporate governance matters, strategic acquisitions and investments by private equity firms. The sale, completed on February 28, was for $132 million cash. The Hinshaw deal team on the transaction was led by Todd Young, with assistance from Connie Mayer, Alyssa Campbell, John Dubbs and Aimee Delaney.
Read the announcement of SingleHop founder Zak Boca, regarding the deal: https://www.singlehop.com/blog/inap-singlehop-acquisition/