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Taffet Joins telx Board

Carrier Hotels Staff Posted Mar 17, 2004

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NEW YORK, NY – telx is proud to announce that David M. M. Taffet is joining the Company’s Board of Directors and spearheading the Company’s mergers and acquisitions activities. Mr. Taffet, the former President and Founder of MeridianTelesis, brings years of industry, financial, and operational experience to telx. As the head of MeridianTelesis, Mr. Taffet raised institutional money, built a nationally recognized enterprise-oriented carrier neutral colocation platform, reported 12 consecutive EBITDA positive quarters and ultimately sold his company in January 2004 for a multiple of cash flow. In his new position at telx, a company that operates EBITDA and net income positive, Mr. Taffet will help select facilities and operations for acquisition, provide Board-level leadership and support for the mergers, acquisitions and due diligence teams and help coordinate the various financial alliances interested in funding telx’s targeted acquisitions. Read the full release ...