Shackleton Equity Partners has acquired Excel Meridian Data, a Carrollton, Texas-based provider of computer data storage equipment for the education, gaming, government and video surveillance industries. No financial terms were disclosed.
PRESS RELEASE
Excel Meridian Data, a leading provider of computer data storage equipment in the education, gaming, government, and video surveillance industries, has been acquired by the private equity firm Shackleton Equity Partners. Financial terms of the deal are not being disclosed.
Excel Meridian Data’s data storage solutions are of the highest quality yet competitively priced versus its tier-one competitors such as Hewlett Packard, IBM, and Dell. Meanwhile, EMD offers its customers one-on-one customer support with a dedicated point of contact. Furthermore, EMD offers customers expert IT solutions for data archiving, disaster recovery, virtualization, and antivirus protection.
“Shackleton’s investment in EMD will allow us to expand our data storage hardware and software offering to customers that stand to benefit from our competitive pricing,” said Ryan D. Roberts, the CEO of the company. Ryan has rejoined the business as its CEO, and his focus will be on expanding the company’s product offering and customer support.
EMD’s current clients include companies such as the U.S. Army, L-3 Communications, Harvard, and Savvis.
“EMD’s proven data storage technology and its expert management team made this acquisition attractive,” said Mark Schelbert, Managing Partner of Shackleton Equity Partners. “The fact that EMD has been able to save its customers significant amounts of money on IT while maintaining the highest level of performance and customer support demonstrates the effectiveness of their solution.”
EMD’s flagship data storage products include its: SecurStor XRS SCSI and SecurStor Astra ES direct-attached storage (DAS) hardware; NetStore WSS™ network-attached storage (NAS) hardware; and, iSCSI and Fibre Channel storage-area network (SAN) hardware. In addition, EMD also offers tape backup hardware as well as virtualization and antivirus software. EMD provides customers with both purchase and leasing options.
About Excel Meridian Data (www.emdstorage.com)
Founded in 1992, Excel Meridian Data is the leading provider of computer data storage equipment in the education, gaming, government, and video surveillance industries, including its SecurStor and NetStor products as well as tape backup hardware and virtualization and antivirus software. In 2010, Shackleton formed EMD Holdings LLC which acquired all of the assets of Excel Meridian Data, Inc. and will be doing business as Excel Meridian Data.
About Shackleton Equity Partners (www.shackletonequity.com)
Founded in 2008 and based in Los Angeles, Shackleton Equity Partners seeks to acquire businesses, or non-core divestitures, located in the U.S., Canada and Mexico. Shackleton looks at opportunities across all industries including software, hardware, IT, manufacturing, telecommunications, technology, media, and heavy equipment. Given the unique combination of operating, finance, and investing experience, Shackleton is able to quickly manage the investment process including due diligence, industry analysis, and operations
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