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New Deal


Announced

Completed

FLEX-backed Nitrado completed the acquisition of APEX Hosting.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

server hosting

Private

United States

Data Centers and Hosting

Majority

Completed

Single Bidder

Cross Border

Friendly

Synopsis

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FLEX-backed Nitrado, a provider of game hosting and server software, completed the acquisition of APEX Hosting, a server hosting company. Financial terms were not disclosed. “We have found our soulmates in the hosting space and it is Nitrado. Apex Hosting’s commitment to world class support on affordable high power hardware is matched perfectly with Nitrado's bare metal services and experience in supporting over 100 games. We've achieved our goal of becoming the largest Minecraft hosting company in the world. Now, together with Nitrado, we will be the largest game hosting company - period," Seth Mattox, Apex Hosting Co-Founder.

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