Announced
Synopsis
Cinven and Ontario Teachers-backed group.ONE, a European provider of online presence solutions via mass hosting and software products, agreed to merge with dogado group, a provider of online presence solutions in Germany, Austria and Switzerland. Triton Partners-backed European Directories exits the investment in the company. Financial terms were not disclosed. "group.ONE has performed very strongly under Cinven’s ownership since its original investment in the business in 2019 and we are delighted to be continuing to support group.ONE’s growth strategy through this transaction. The combination of group.ONE and dogado will create a leading pan-European player in the online presence market, with significant opportunity for further growth, both organically and through buy and build. This is a sector we know well through Cinven’s successful investments in HEG and one.com," Thomas Railhac, Cinven Partner.
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