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Press Releases
SOURCE: DH Capital, LLC
DH CAPITAL ADVISES GALAXY CABLEVISION ON SALE OF CABLE TV SYSTEMS IN MISSOURI TO LONGVIEW COMMUNICATIONS
NEW YORK, NY - November 3, 2005 - DH Capital, LLC, a New York City based investment banking firm, announced today that it represented Galaxy Cablevision ("Galaxy") in their recent sale of certain of its Missouri cable systems to Longview Communications ("Longview"). The cable system serves approximately 5,000 customers primarily in Alma, Memphis, Smithton and Gallatin, Missouri.
"We are pleased to have assisted Galaxy in the divestiture of these cable television systems. This transaction is a continuation of Galaxy's plan to refine its focus on the Company's core geographies" stated Townsend Devereux, Managing Director of DH Capital. Mr. Devereux further noted, "This transaction is a terrific fit for Longview, and fits into the Company's plan to add to its existing operations in Missouri."
The senior management of Longview includes John Long and Marc Cohen. The company is headquartered in Northern Virginia with operations in several Midwestern states. Longview plans on seeking out additional acquisitions in the Midwest.
About DH Capital, LLC
DH Capital is an investment banking partnership serving the media, Internet and telecommunications industries. Based in New York, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development and operations. DH Capital provides a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including mergers & acquisitions totaling in excess of $10 billion, private equity placements totaling more than $800 million, and debt placements totaling in excess of $8 billion.
For additional information on DH Capital, please contact us at 212-774-3720.
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