Cloud Equity Group, a lower and middle-market private equity firm, acquired all Windows-based shared and reseller hosting customers from A2 Hosting in a corporate carve-out transaction. The financial terms of the transaction were not disclosed.
A great fit for a complex transaction
This strategic acquisition for over 5,000 hosting services internationally includes the extraction of all pertinent customer information from A2 Hosting’s customer portal and also the migration of all client websites, e-mail, and database data onto new servers.
Bryan Muthig, CEO of A2 Hosting, talked about the acquisition, saying,
“In a corporate carve-out like this, different considerations come into play than a company acquisition. Not only do the parties have to agree on all the customary terms, but items such as information and technology transfer become even more critical, as both parties aim to minimize disruption for clients. We saw Cloud Equity Group as a great fit for a complex transaction like this and believe that they will create a great new home for the client base.”
Over the last 15 years, A2 Hosting has offered innovative, affordable, and developer-friendly hosting for small and medium-sized businesses and web professionals of all sizes globally. “Not only does this present an exciting growth opportunity for our existing platform, but this also represents that hallmark of Cloud Equity Group’s strategy to partner with corporations in complex carve-out transactions”, according to Sean Frank, Managing Partner at Cloud Equity Group.