October 22, 2014
New York, NY -- Young America Capital (
) is pleased to announce the sale of Another9, LLC, a managed services provider offering cloud computing and data center operations, to Cohere Communications. Another9 engaged YAC to identify a strategic buyer which had a shared focus, commitment and expertise in addressing complex technologies. Another9 has a particular specialization in secure, multi-site, and high availability hosted solutions in the enterprise marketplace. Based on its experience in advising technology companies, YAC conducted a comprehensive search for suitable strategic partners. Cohere plans to leverage Another9's technology platform and data center capabilities to offer clients broader support capabilities with an enhanced team of engineers. The acquisition also provides them with remote site, disaster recovery real estate, including a highly secure data center operation spanning beyond the New York City area.
About Young America Capital, LLC
Founded in 2000, the company is a New York-based FINRA/SEC licensed independent investment banking and advisory firm which provides capital raising, M&A advisory and fund marketing services for companies and alternative investment fund managers. The company is comprised of a diverse group of investment banking professionals with particularly deep experience in Telecomm, Media, and Technology; Lifesciences; Consumer; Maritime; Cleantech; and Latin America.
www.yacapital.comAbout Another9, LLC
Another9 assists corporations and organizations to advance business uptime through specialist Infrastructure-as-a-Service (IaaS) and Disaster Recovery-as-a-Service (DRaaS) services.
About Cohere Communications, LLC
Since 2004, Cohere Communications has continuously provided services to some of the most recognized corporate icons in the financial and media sectors. Employing a private IP network "fabric", Cohere integrates the latest cloud-based technologies with diligent planning and design. Cohere maintains facilities in strategically located data centers throughout North America.