Announced
Synopsis
International private equity firm, Cinven, has agreed to acquire One.com, a leading European supplier of web hosting services, from Accel - KKR. Financial terms were undisclosed. “We are very excited to invest in One.com alongside Jacob. It is a high-quality business with an attractive brand and scalable technology platform, operating in a market with structural growth drivers. This is a subsector we know well through Cinven’s successful investment in HEG in Fund 5, continuing to invest in both the organic growth story and targeted acquisitions,” Thomas Railhac, Cinven Partner.
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