Here is Frank’s presentation at the November 2023 MSP Global conference in Germany. (He is the first 10 minutes.)
Hivelocity acquires Heficed
Congratulations to our friends at Hivelocity and Heficed on their recent transaction.
“Heficed, an Infrastructure-as-a-Service (IaaS) provider headquartered in London, UK, with offices and data centers at multiple locations around the world, has been acquired by U.S. IaaS hosting and bare metal cloud provider, Hivelocity. Financial terms of the acquisition were not disclosed.”
Cheval M&A has worked with both companies for some time and enjoyed assisting with the transaction.
Cheval M&A
Author: Hillary Stiff is President of Cheval M&A. She has been an investment banker and CFO, completing M&A transactions and arranging financing for a number of companies including NTT/Verio, The Endurance International Group and Web.Com among many others. She has helped complete over 600 successful web hosting, ISP and related transactions and distributes a list of hosting and related companies that are for sale.
The i2Coalition September 2022 Legislative Brief
The folks at the i2Coalition have posted their monthly update of regulatory events for September 2022. Key events regarding Section 230/Intermediary Liability make it worth the read (among other issues.) Join i2 to get the more detailed briefings!
i2Coalition's Ten Year Anniversary!
Congratulations to the folks at the i2Coalition who have been defending Internet Infrastructure providers on Capitol Hill for 10 years! They have doe a lot of great work and I highly recommend their monthly legislative briefs.
i2 Coalition June Legislative Update
i2 Coalition has released its June Legislative update with notes on a variety of pending legislation that will have a big impact on the internet infrastructure business. Check out their website and please consider joining!
The i2Coalition (Internet Infrastructure Coalition) ensures that those who build the infrastructure of the Internet have a voice in public policy. They are the leading voice for web hosting companies, data centers, domain registrars and registries, cloud infrastructure providers, managed services providers, and related tech.
Fiberlight sold to a Group Led By Morrison & Co
Perhaps one of the East Coast’s most speculated about fiber M&A transactions has finally happened. Fiberlight has been sold to a group led my Morrison & Co. With 14,000+ miles of fiber and 78k on or near-net buildings it has been a prime asset along the east coast for some time. Congratulations!
Thanks!
We’d like to thank our clients, colleagues and partners for helping us complete 41 transactions in 2021. We greatly appreciated everyone’s help in navigating the ups and downs of the year. Here’s hoping for a less exciting 2022 along with a chance to catch up with everyone in person at some point.
Happy New Year and Best Wishes for 2022!
Hillary & Frank
Miss Group Double Acquisition
Congratulations to our friends at Miss Group on their double acquisition this past week of hosters in the US and Canada.
“Fast-growing web hosting company - Miss Group - has acquired Hostek, a US based web hosting company with revenues of US $7.5m. Founded in 1998, Hostek is a leading provider of managed server solutions for businesses in the US with a customer base of 15,000 accounts in both shared and VPS hosting.
“Alongside the acquisition of Hostek, Miss Group has also acquired a Canadian shared web hosting company with revenues of US$2.5m and an established French language customer base. This acquisition adds 16,000 customers and 28,000 new accounts to the Group
Cheval M&A advised Miss Group on the purchases.
Cheval M&A
Author: Hillary Stiff is President of Cheval M&A. She has been an investment banker and CFO, completing M&A transactions and arranging financing for a number of companies including NTT/Verio, The Endurance International Group and Web.Com among many others. She has helped complete over 500 successful web hosting, ISP and related transactions and distributes a list of hosting and related companies that are for sale.