ABRY Sells Hosted Solutions for $310M

ABRY Partners has completed its $310 million sale of Hosted Solutions to Windstream (NASDAQ: WIN). The sell-side was advised by Kirkland & Ellis on the transaction, while Windstream was advised by The Bank Street Group, Stephens and Kutak Rock. Hosted Solutions, which provides managed hosting and colocation services, was acquired by ABRY for $140 million in a 2008 LBO. Windstream is backed by Court Square Capital Partners, Vestar Capital Partners and Welsh, Carson, Anderson & Stowe.