Shares voted to approve acquisition by Novacap
Lewiston, Maine – Oxford Networks today announced that its planned acquisition by investment management firm Novacap Technologies III, L.P. has been approved by Oxford Networks’ shareholders at a special shareholder meeting held at the Oxford Networks Data Center. The company expects that the completion of the merger will allow Oxford Networks to continue to expand its product and service offerings, in particular the planned expansion of its high-security data center located in Brunswick.
Canadian private equity firm Novacap and Oxford Networks finalizing investment agreement
Lewiston, Maine – Oxford Networks announced today that it has reached an agreement with Montreal-based Novacap, one of Canada’s leading private equity firms, for the acquisition of Oxford Networks by Novacap . According to Oxford Networks’ President and CEO Craig Gunderson, the partnership with Novacap will enable the company to leverage its existing assets and continue the growth initiatives it started more than ten years ago.
“All along we have been investing in cutting-edge technology, including our fiber optic networks and data center, in order to better meet the growing technology needs of our customers. This strategic partnership and investment by Novacap will allow us to develop a new level of products and services that will enable our company to grow by helping our customers grow their businesses smarter and faster,” said Gunderson.
Carol Daley serves as Senior Account Manager for Oxford Networks. With over 14 years of experience in the telecommunications industry, Carol previously worked at Lightship Telecom as an Account Manager, and Verizon and Verizon Business as a Corporate Account Manager I, II, III. She has been with Oxford Networks since 2006.
Carol’s area of focus is working with large accounts creating and coordinating technology solutions that are personalized to each client. Taking the time to understand a client’s needs and building the trust necessary to meet those needs are the keys to Carol’s success. Carol creates a partnership between the Oxford Networks’ team and the client’s team to craft a solution that meets the changing needs of the business today and tomorrow. She has a devoted client base and when you meet her it is easy to understand why.
Carol lives on the lake in Windham with her boyfriend, Steve and their two dogs Shaylee and Lexi, where they enjoy boating and entertaining. She has a 21 year old son, Evan and a 22 year old daughter Alyssa.
Oxford Networks’ Business Service Coordinator Donna Hinkley presents a check for $500.00 to Suzan Bell, Executive Director of the Bangor Humane Society, as 2-year-old Malamute mix Laura looks on. The donation was made as part of Oxford Networks’ monthly Wednesday Jeans Day effort. Wednesday Jeans Day is facilitated by the Oxford Networks’ employee donation committee and honors twelve different non-profits throughout the year.
Every month at Oxford Networks’ four locations, employees participate in what is known as “Jeans Day.” Employees at Oxford Networks are able to wear jeans every Wednesday if they donate money to a charity or non-profit organization. Continue reading
As an IBM Premier Business Partner, Oxford Networks recently attended the 2013 IBM PartnerWorld held in Las Vegas at Caesar’s Palace. The theme for the event was Leadership on a Smarter Planet and consisted of educational seminars, leadership exchanges and even a community outreach project coordinated by Three Square, Southern Nevada’s only food bank.
The goal of the conference was to collectively think about and discuss how we can work to provide the solutions and resources our customers need to meet their changing technology needs. IBM is leading the way with its Smarter Planet family of products, such as Smarter Analytics, Smarter Commerce, and Smarter Computing. Find out more about what this could mean for your business at www.ibm.com/smarterplanet
Joe Hodge serves as the Vice President of Data Center and IT Solutions for Oxford Networks. In this role, he manages IT solutions created for Oxford Networks customers, the technology deployment of the solutions, and the technical staff for the Oxford Networks Data Center.
Hodge has worked in the IT industry for over 33 years, previously with Norton Lamb & Company as VP of IT Solutions. At Oxford Networks, he is involved with all aspects of IT, from pre-sale customer meetings, to building customer IT solutions, to project implementation, to post-sales support. He has also been integral in coordinating the evolution of the Data Center in Brunswick with product and marketing efforts, sales, operations, network and engineering, and the creation of the Technical Support Center. Prior to Norton Lamb & Company Joe worked for G.H. Bass & Co., Phillips Van Heusen and Wright Express.
He resides in Windham with his wife and daughter and has twin boys who recently graduated from RIT in Rochester NY. He enjoys being with his family as much as possible, working around the house, gardening, camping and travel.
Dawna Hannan (far left) from Oxford Networks presents a check for $500 to the Barbara Bush Children’s Hospital accompanied by members of FrankFM and The Wolf, and her nephew Jameson (far right), who has been receiving care at the hospital since 2011. The money was raised by Oxford Networks’ employees monthly Jeans Day fundraiser, and thanks to “Power Hour” sponsors Rowe Westbrook and Rowe Auburn, it was doubled to a $1000 donation.