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Hawaiian Telcom Holdco Inc to Acquire SystemMetrics Corporation


Thursday, 5 Sep 2013 04:00pm EDT 

Hawaiian Telcom Holdco Inc announced that it has entered into a definitive agreement to acquire SystemMetrics Corporation in a cash transaction valued at approximately $16 million, subject to customary working capital adjustments and earn-out provisions. SystemMetrics, which currently generates annual revenues of approximately $8 million and pro-forma EBITDA of approximately $2 million, will become a wholly-owned subsidiary of Hawaiian Telcom Services Company, Inc. SystemMetrics, headquartered in Honolulu, is a data center services provider focused on enterprise-class colocation and cloud-computing solutions for small and medium-sized business customers, as well as large enterprises. 

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23 Oct 2014