(The Hosting News) – Steadfast, a leading provider of private and public cloud hosting, colocation, disaster recovery and managed services, has successfully completed $4.1m in debt financing through Wintrust Bank and DH Capital.
The financing agreement will help propel long-term growth for Steadfast and demonstrates the company’s steady success over the last 17 years; the company is focused on continued growth, including the expansion of large-scale enterprise private cloud and managed server deployments. Steadfast CEO, Karl Zimmerman, and Controller, Paul Voswinkel, lead the Steadfast team, collaborating closely with Wintrust and DH Capital.
DH Capital has been involved in financing the growth of dozens of companies in the IT infrastructure space including SoftLayer, Cervalis, and DataPipe. “It is wonderful to work with this high level of industry and finance expertise that we can utilize to help manage our growth,” said Zimmerman.