Telx Closes $75 Million Incremental Term Loan Agreement

NEW YORK, NY — (Marketwire) — 02/21/12 — The Group, Inc., a leading and services provider in strategic North American markets, today announced that it closed a $75 million incremental term loan agreement. The Company will leverage the transaction to supplement its liquidity position, as well as for general corporate purposes."This transaction continues to position Telx for future growth in 2012 and beyond, including the ability to quickly respond to the needs of our customers with ne

ABRY Partners and Berkshire Partners Complete Acquisition of The Telx Group

ABRY Partners and Berkshire Partners Complete Acquisition of The Telx Group

BOSTON, MA — (Marketwire) — 09/27/11 — ABRY Partners, LLC and Berkshire Partners LLC, two Boston-based investment firms, today announced the successful closing of their previously announced acquisition of The Telx Group, Inc. ("Telx"), one of the fastest-growing providers of global interconnection and colocation services. Terms of the transaction were not disclosed.Telx, headquartered in New York City, operates a national portfolio of interconnection and colocation facilities in t