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.

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.

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.