Hexagon expands information and technology portfolio

DatavailHexagon is pleased to expand its information and technology portfolio to include Datavail, the largest provider of outsourced database administration services in North America.

Hexagon’s investment is part of a $47 million growth recapitalization venture by Tahosa Capital, Boulder Ventures, Lumerity Capital Partners, Catalyst Investors, Meritage Funds and MC Investment Fund.

Headquartered in Broomfield, Colorado, Datavail offers remote database administration services as well as database monitoring, consulting and staffing.

The investment will be used to fund Datavail’s future growth initiatives, including expansion into markets adjacent to the database services market.