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Woodbridge International Closes Sale of NetSource Communications

NEW HAVEN, Conn., March 22, 2017 (GLOBE NEWSWIRE) -- Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the sale of its client, NetSource Communications, Inc. to Venture Technologies backed by FlatWorld Capital.

Based in Naperville, Illinois, NetSource Communications provides a range of Internet hosting services to over 600 small and medium-sized businesses from its state-of-the-art data center. Types of hosting services NetSource provides include colocation, dedicated servers, cloud, security, and disaster recovery. In addition, NetSource offers complete managed services for companies seeking an outsourced solution for their IT infrastructure needs.

Headquartered in Ridgefield, Mississippi, Venture Technologies is an IT solutions provider. Founded in 1986, the company operates locations in Alabama, Colorado, Illinois, Louisiana, Mississippi, Tennessee, Wisconsin and Wyoming.

FlatWorld Capital is a New York-based private equity group that specializes in funding and advising middle-market companies.

Headquartered in New Haven, CT, Woodbridge International, a global M&A firm, was founded in 1993 and has 30 offices worldwide.

Contact: Don Krier, Managing Director Phone: (203) 389-8400 Ext. 201

Source:Woodbridge International