Eventi Inc. announces sale of Ceryx Inc.

TORONTO, April 18, 2016 /CNW/ - Eventi Inc., a Toronto-based growth capital investment group, specializing in high growth technologies, announced today the company has completed another successful exit through the sale of Ceryx Inc. to Dimension Data, delivering a strong return for its investors.    

Ceryx Inc., founded by Gus Harsfai in 2001, is a privately held company in Toronto that provides reliable and secure Unified Communications and Collaboration (UCC) solutions. Its Cloud Control™ software gives clients the cloud-based platform to more efficiently manage UCC tools such as Microsoft Exchange, SharePoint and Lync.

Eventi's interest in Ceryx, which began in 2004, is a strong example of its investing model. Eventi believes in aligning its interests with the companies it invests in. Partnering with founders to build thriving, global companies, this "patient capital" strategy has proven successful in fueling Ceryx's growth trajectory. As a result of Eventi's involvement, Ceryx ranks among the Canadian technology companies delivering solutions to enterprise clients and Fortune 500 companies worldwide.  

"We are pleased to have played a significant role in the success of one of our original partners and investments," said Scott Bryan, Managing Partner, Eventi Inc. "There is strong alignment between Ceryx and its new owners with respect to the future of the cloud-based communication and collaboration market and the acquisition sets Ceryx up for continued growth and success on the global stage."

The deal was successfully completed with the advisory services of DH Capital, LLC, an investment banking firm serving companies in the Internet infrastructure, software and information technology services sectors.

"Our firm has had the opportunity to work extensively with Eventi and considers them an extremely knowledgeable investor that brings tremendous experience to the companies in which they invest," said Mark Thorsheim, Partner, DH Capital, LLC.

About Eventi
Eventi Inc. is a Toronto-based growth capital investment group, specializing in commercialization of rapid growth technologies. Founded in 2002, Eventi leverages the extensive operational and investment experience of its Managing Partners to enable management teams to scale their business more predictably. Eventi invests in passionate entrepreneurs who possess deep domain expertise and are committed to building a scalable company that delivers exceptional value to its customers.

SOURCE Eventi Inc.

For further information: Scott Bryan, Managing Partner, Eventi Inc., (416) 927-8887 ext. 102, www.eventi.com

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