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Announced

Completed

Perwyn-backed Miss Group completed the acquisition of Cloudnet.

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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Single Bidder

Data Centers and Hosting

Friendly

Majority

web hosting

Domestic

Private

Completed

Sweden

Acquisition

Synopsis

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Perwyn-backed Miss Group, a provider of web hosting services to the small-medium enterprise market, completed the acquisition of Cloudnet, a provider of managed web hosting services based in Stockholm. Financial terms were not disclosed. “Cloudnet has established a fantastic reputation in the Swedish market, not only for its knowledge base and expertise but also for its customer service-led approach to supporting SME customers as their businesses grow. This is an approach that resonates with Miss Group’s own customer service-oriented model and where Cloudnet’s expertise will complement our offering. As part of Miss Group, Cloudnet will have unrivalled access to our international network of technical expertise, as well as a leading range of products and services to offer its customers," Fredrik Björklund, Miss Group Co-Founder and CEO.

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