Catalyst exits Codero Hosting

BY LUISA BELTRANBLM Acquisition Corp. has acquired a majority of Codero Hosting. The sellers were Catalyst Investors and other shareholders. Financial terms weren’t announced. BLM is a consortium of 32 regional telecom and broadband providers. Codero, with data centers in Dallas-Fort Worth, Phoenix, and Ashburn, Virginia, provides hybrid cloud hosting services. Webster Bank of Hartford, Conn. provided senior financing to BLM while DH Capital acted as financial advisor.