Announced

CVC to acquire a majority stake in WebPros from Oakley for £200m.

Synopsis

CVC Capital Partners agreed to acquire a majority stake in WebPros Group, a provider of web hosting automation software from Oakley Capital for £200m ($263m). "WebPros brings critical automation and security tools to hosting providers, web agencies and their customers. We look forward to partnering with Oakley Capital and working closely with the management team to continue building the leading global SaaS hosting platform for server management," Leif Lindback, CVC Senior Managing Director.

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