NCC International, the Florida-based M&A firm focused on the hosting industry, has officially changed its name to Millitzer Capital. Millitzer Capital provides business brokerage services, valuation services and professional valuation services to Internet companies.
According to a statement from Millitzer Capital founder Tom Millitzer this week, the process began in May when he surveyed a group of Internet industry executives. Most of those surveyed suggested that the word Millitzer be part of the name. For those who know Millitzer, he is certainly the face of the brand so the name change makes sense.
Millitzer launched the company in 1994 and brokered cable television systems. Three years later in 1997, the company entered the Internet sector, selling its first hosting company in 1998. Since its launch, the firm has completed 400 assignments.
“I have been selling my company and myself under the moniker New Commerce Communications/NCC International for almost 20 years. Let’s try Millitzer Capital for the next 20,” Millitzer said in a statement.
Along with the new name, Millitzer Capital has a new website.
As venture capitalists report strong confidence in cloud computing and mobile technologies, firms like Millitzer’s that help guide these transactions could play a very important role in M&A.
Disclosure: Millitzer has blogged for the WHIR for many years on the topic of mergers and acquisitions in the hosting industry. You can read his blogs here.