☐ ☐ ☐

Overview

M/C Partners was the sole institutional investor and controlling shareholder of Fusepoint, a hosting and collocation services company based out of Toronto, with data centers in Toronto, Vancouver and Montreal.

How we added value

Providing Growth Capital

M/C invested approximately $30 million in Fusepoint to fund an aggressive growth strategy involving expansion of the company's operations and the acquisition of key Canadian assets that solidified the company’s position in the market.

Leveraged Industry Expertise to Identify Opportunity

Through the firm's expertise and focus in the space, M/C identified Fusepoint early as a well-positioned hosting provider in the Canadian market.

Strategic Guidance/Sale Process

M/C worked with management team, guiding them through the successful and highly complementary sale to Savvis. Savvis and Fusepoint both held leadership positions in the hosting and colocation services industry. The combination created enhanced opportunities for both new and existing clients as well as access to a consolidated North American footprint.

Overview

Fusepoint demonstrated robust growth over the course of the investment period.  Revenue grew at 18 percent and adjusted EBITDA grew at 83 percent CAGR.  By the first quarter of 2010, Fusepoint generated annualized revenue of $47.4 million and adjusted EBITDA $12.0 million, with more than 330 marquee customers.  In 2010, M/C sold Fusepoint to Savvis, a cloud infrastructure and hosted IT solutions provider.  Savvis would later be acquired by Centurylink to become their Technology Solutions business.

Cuba Burch Berner

Cuba Burch Berner is an Associate at M|C Partners, where he focuses on investment opportunities in digital infrastructure and technology services. Prior to joining the firm in 2022, Cuba was an Equity Research Associate at Citi covering infrastructure companies within the telecommunications industry, including data centers and wireless towers. He holds a B.S. in Mathematics with a specialization in Economics from the University of Chicago. Cuba currently lives in Boston’s West End and enjoys  a myriad of outdoor activities including running, swimming, hiking, and skiing.

Joined

2022

AFFILIATED PORTFOLIO

Contact

BOARD POSITIONS

AccentHealth

AccentHealth operates an out-of-home advertising network that reaches over 12,000 physician office waiting areas in the U.S. – JOHN WATKINS

TEAM MEMBERS

SECTOR

IT SERVICES

James F. Wade

Jim Wade co-founded M/C Partners in 1986 with Dave Croll. He has been investing in communications and technology services since the advent of wireless and broadband, cornerstones of the firm’s sector focus. As a founding managing partner, he manages the firm’s investment process, and continuously seeks out management teams, company prospects and financial resources to grow the portfolio. Jim’s successful track record includes MetroPCS (IPO), Lightower Holdings (acquired by Berkshire Partners), Cavalier Telephone (acquired by PAETEC), NuVox Communications (acquired by WindStream), Attenda (acquired by Darwin Private Equity), Melita (acquired by Apax Partners), PR Wireless (joint venture with Sprint affiliate in Puerto Rico), Thrive Networks (acquired/recapitalized by Court Square) and Involta (acquired by Carlyle Group). Today he serves as a director on the Board of Connectivity Wireless and has responsibility for Omega Wireless. Jim graduated from the University of Notre Dame a B.B.A in Finance and received an MBA from Harvard Business School. He lives outside Boston with his wife and four children. Jim was an avid boater and is now an average golfer.

JOINED

1986

Contact

BOARD POSITIONS
Connectivity Wireless

 

Abhishek Rampuria

Abhishek (A.B.) is a Partner at M/C Partners, where he leads origination, deal diligence and portfolio company support for investments in a variety of communications and technology services segments. He currently serves on the Board of Ascend Technologies, Connectivity Wireless, Edafio Technology Partners, TowerCom and serves as a Board Observer for Thrive Networks. A.B. previously served as a Board Observer for Ensono (acquired by KKR) and QOS Networks (acquired by Zayo). Prior to joining M/C Partners in 2015, A.B. worked at Altman Solon (formerly Altman Vilandrie), a technology, media & telecommunications focused strategy consulting firm, where he completed projects for both operating companies and private equity investors. A.B. received a B.S. in Materials Science & Engineering from the Massachusetts Institute of Technology. He lives in Boston’s South End and outside of work, enjoys skiing, cycling, traveling and cheering on his home-town Patriots and Celtics.

Joined

2015

AFFILIATED PORTFOLIO

Thrive Networks

Contact

BOARD POSITIONS

Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom