Total Webhosting Solutions completed the acquisition of a majority stake in Gandi from Montefiore Investment.

Total Webhosting Solutions, a provider of webhosting and cloud services, completed the acquisition of a majority stake in Gandi, a cloud hosting company that provides domain name registration, from Montefiore Investment, a private equity firm. Financial terms were not disclosed. “We thank Stephan, his management team and all the employees for their trust and commitment to building a unique company. We are proud to have accompanied the Gandi team in accelerating its profitable growth. For four years, we have worked hand in hand to accelerate the growth of the business, notably with key accounts, develop new innovative products, and improve profitability. As a result, the company has considerably strengthened its position in France and abroad. We have enjoyed working together and wish them all the best in their next phase of growth within Your.Online,” Daniel Elalouf, Montefiore Investment Managing Director.