- Mike Schrage, President, ABT
Mirus Advises Interland on Divestiture
David Hoffer / Elliot Williams
Date: May 05, 2005
Caird Acquires Shared Hosting Business of HostCentric
Boston, MA, May 05, 2005 - Mirus Securities announced today that its client, Interland, Inc. (NASDAQ: INLD) has sold the shared hosting business of its Hostcentric subsidiary to Caird Corporation.
About Mirus Capital Advisors
Since 1987, Mirus Capital Advisors has provided investment banking services that help owners, managers and other stakeholders in middle-market companies to realize the value of their investment. With a focus on the business services, software, and industrial products industries, Mirus works closely with each client to identify and execute options that meet its unique needs, including a sale of the business, recapitalization, acquisition, divestiture, or capital infusion. Additional information about the firm is available on Mirus' web site at www.merger.com.
Interland, Inc. is a leading Web hosting and online services company dedicated to helping small and medium businesses achieve success by providing the knowledge, services and tools to build, manage and promote businesses online. Interland offers a wide selection of online sales and marketing services, including standardized Web hosting, e-commerce, application hosting, and Web site development, e-marketing and optimization tools. For more information about Interland, please visit www.interland.com.
About Caird Corporation
Since 1997, Caird Corporation has worked exclusively with a select group of shared hosting providers to deliver world-class solutions for the personal and small/medium business markets. Through many online properties, Caird serves thousands of customers around the world.