Webfusion in private equity buy-out

Montagu Private Equity is to acquire Webfusion, a UK-based web hosting provider, and help it expand internationally.

The business, together with German sister company Host Europe, is being sold by Oakley Capital lnvestments, which bought it in 2008. It will be renamed Host Europe Group.

Financial details of the transaction were undisclosed.

Peter Dubens, a director at Oakley Capital, says the disposal of Host Europe ‘achieves a good return for investors over a difficult economic period’.

Thomas Vollrath, CEO of Webfusion, describes the deal as ‘a vote of confidence’ in the business, which has expanded its service offering and geographical coverage in recent years, both organically and via acquisitions.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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