Leading provider of hosting and domain services to SMEs
In October 2010 Montagu Private Equity acquired Host Europe Group, in partnership with its management team, from Oakley Capital for a consideration of £222 million.
Founded in 1997, HEG is a leading provider of hosting and domain services to small and medium enterprises in the UK, Germany and Spain. It offers its 730,000 customers domain registration, shared and managed hosting and has an emerging software-as-a-service offering. HEG is a leading player in all of its segments, with specific strength in the growing cloud computing and virtualised server markets in the UK and Germany.
Montagu had been tracking the hosting market for some time and identified Host Europe as a high quality operator through which they could invest in the sector.
HEG is comprised of two businesses, Webfusion and Host Europe GmbH. Along with management, Montagu intends to integrate the two businesses, both of which have excellent growth prospects, creating a platform to address the significant opportunities which its markets provide.