ABRY Partners completed its acquisition of Masergy Communications for an undisclosed sum. Masergy delivers managed, secure virtualized network services to enterprises over its national IP/MPLS network. The deal was first announced in June. http://www.masergy.com
- Masergy, which is based in Plano, Texas is headed by Royce Holland, who previously was CEO of McLeodUSA, a competitive local exchange carrier that was sold to PAETEC in January 2008. Mr. Holland was also previously Co-founder, Chairman and CEO of Allegiance Telecom Inc., from 1997 until its 2004 acquisition by XO Communications Inc. Prior to Allegiance, he served as President and Co-founder of MFS Communications.