Advised Basefarm, a leading provider of complex managed hosting services in the Nordics and the Netherlands, on its sale to ABRY Partners

Advised Basefarm, a leading provider of complex managed hosting services in the Nordics and the Netherlands, on its sale to ABRY Partners

Arma Partners is pleased to announce that it has acted as exclusive financial adviser to Reiten and Co. and the management of Basefarm AS (“Basefarm”) on the sale of the business to ABRY Partners (“ABRY”). Basefarm is a leading provider of complex managed hosting services with operations spanning Norway, Sweden and the Netherlands.

Arma Partners assisted the management and owners of Basefarm to realise their strategic objectives, drawing on our extensive experience in the European hosting space and our global cross border relationships with the most qualified buyers including ABRY. This transaction demonstrates the growing global investor interest in the European market for complex managed hosting solutions, which benefits from strong growth and high quality recurring revenues. Arma’s 17th transaction so far this calendar year, it also illustrates Arma Partners’ leadership in European datacentre and hosting M&A and our exceptionally strong track record in the European CMT space.

Basefarm is one of Northern Europe’s leading players in hosting large-scale internet solutions for major corporations and governments. With 270 employees, Basefarm delivers managed hosting and datacentre services to large customers who require the highest standards of quality for their internet infrastructure, applications availability, security and development. Based on a strong culture of delivery, flexibility and customer focus, Basefarm has over time developed a unique reputation for its superior service levels. http://www.basefarm.com

Reiten & Co is a leading private equity company in the Nordic region managing some 3.5 billion Norwegian kroner ($620m). The company has experience investing in several sectors and primarily invests in medium-sized Norwegian and Nordic companies. Basefarm is the 11th portfolio company they have sold, mainly through exchange listings and sales to industry players. http://www.reitenco.no

Founded in 1989, ABRY Partners is one of the most experienced and successful media, communications, business and information services focused private equity investment firms. They invest in high quality companies and partner with management to help build their businesses. Since its founding, ABRY has completed over $27.0 billion of leveraged transactions and other private equity, mezzanine or preferred equity placements, representing investments in approximately 450 properties http://www.abry.com.