Computer Data Source Receives Majority Investment from New State Capital Partners

cdsComputer Data Source (CDS), an Eatontown, NJ-based provider of enterprise-level data center third-party maintenance, focused on high-end data storage, received a majority investment from New State Capital Partners.

The amount of the deal was not disclosed. Debt financing was provided by Crystal Financial LLC.
Jim McDivitt, Tom Vaisanen, John Hlinka and Michael McKee, all members of the senior management team, have invested in the company and will remain in their positions. Ron Wollner, CDS’ co-founder, has maintained an equity stake and will remain as a senior advisor to the board.

CDS is a provider of mission-critical data center hardware maintenance and support for high-end storage and service equipment. The company operates in over 50 countries and partners with major technology service providers to deliver installation, implementation, support, training and data center administration services to end-users across a broad range of industries.

CDS currently services 150+ clients and works with 75+ channel partners.

FinSMEs

25/08/2019

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