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.