Oakley Capital Private Equity acquires intergenia

Oakley Capital Private Equity is delighted to announce that we have agreed to acquire a majority stake in intergenia AG, a leading web hosting company providing managed, dedicated and cloud hosting.

intergenia trades under three different hosting brands – PlusServer, serverloft and SERVER4YOU, and is headquartered in Cologne, Germany. The group owns data centres in Strasbourg, France and St Louis, USA, and also owns WorldHostingDays, which operates the largest series of hosting conferences worldwide. intergenia has a geographically diversified customer base composed predominantly of SME customers and is one of the German market leaders in providing dedicated hosting to SMEs.

The managed hosting market in Europe and North America is expected to grow at between 15% and 20% per annum through to 2013 according to published estimates. intergenia is well-positioned to benefit from these market trends and achieve further growth both domestically and internationally.

The transaction demonstrates again our appetite to work with successful entrepreneurs. As part of this transaction the founders, who include senior management, have realised value for a majority stake in the business and will retain a substantial economic interest in the business post-acquisition. Oakley Capital Private Equity has committed €30m of equity funding to the transaction, together with €10m of loan funding from Oakley Capital Investments Limited (the AIM listed feeder fund to Oakley Capital Private Equity).

Peter Dubens, Managing Partner of Oakley, said “We are delighted to be backing such a talented management team in an industry, which we know well. intergenia is an impressive company which has built one of Europe’s most energy efficient data centres, utilising ground water cooling. The company’s highly efficient operating platform has allowed it to expand internationally with France, USA, Switzerland and Brazil being the largest contributors to revenue after Germany. intergenia is well positioned for growth in cloud hosting services and makes an attractive addition to Oakley Capital Private Equity’s portfolio“

Email this to someoneShare on LinkedInShare on FacebookTweet about this on TwitterShare on Google+