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Home > Cloud Computing > Cloud Equity Group completes Conseev Hosting Portfolio acquisition

Cloud Equity Group completes Conseev Hosting Portfolio acquisition

Cloud Equity Group announced that it has completed the acquisition of all hosting companies owned by Conseev.

Erdem Yasar by Erdem Yasar
August 29, 2020
in Cloud Computing
1 min read
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Cloud Equity Group completes Conseev Hosting Portfolio acquisition
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Cloud Equity Group announced that the acquisition of Conseev‘s hosting companies is now completed. Conseev is a software development firm that has been acquiring and consolidating web hosting companies since 2011. According to the announcement, current management teams will continue to lead the hosting companies. Private transaction was completed on July 14 of 2020 and financial terms of the transaction were not disclosed.

11 distinct hosting brands

Mark Masi, Chief Operating Officer of DC BLOX
Mark Masi, Chief Operating Officer of DC BLOX

Conseev hosting companies offer services to users worldwide 11 distinct hosting brands through an international footprint spanning over 30 countries. The Conseev hosting companies acquired as part of this single transaction include IQNect Hosting, Cloak Hosting, VPSCheap, tmzVPS, EasySEOHost, Idologic Networks, The Prime Host, Service Site Hosting, PureSpeed Hosting, Web Weaver Elite Web Hosting, and TechArk Internet Services. Sean Frank, a Managing Partner at Cloud Equity Group said,

“We believe strongly in the long-term growth tailwinds around the hosting sector, and are excited to partner with Juan and his team to continue to build an international conglomerate with real scale advantages and a differentiated value proposition for its customers.”

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Tags: Cloud Equity GroupConseev LLC
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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