Advised BC Partners on its acquisition of PlusServer, the leading German managed hosting and cloud infrastructure provider
Arma Partners is pleased to announce that it has acted as financial advisor to BC Partners on its acquisition of PlusServer, the leading managed hosting and cloud infrastructure player to the German Mittelstand, from GoDaddy.
Headquartered in Cologne, Germany, PlusServer is a leading pure play managed hosting and managed cloud infrastructure provider for corporate clients in Germany. The German managed hosting and cloud infrastructure markets remain highly fragmented and PlusServer has the scale and track record to continue its role as the leading consolidator in the German market. Its extensive product portfolio is targeted at companies with critical dependency on the availability and performance of their IT and PlusServer will continue to develop its hybrid cloud capabilities under BC’s ownership, benefitting from increased adoption of these services in Germany.
The company was established in 2015 as a result of the merger of three hosting businesses: intergenia, the managed hosting division of Host Europe Group and Telefonica Online Services. In 2016, PlusServer’s workforce of around 300 employees generated c.€100 million in revenues.
Arma played a key role in facilitating this transaction, which is one of the most important in the European hosting market to date. This transaction further reinforces Arma Partners’ market leading sector expertise in the managed hosting and cloud infrastructure markets and our ability to work closely with a buyer to successfully navigate competitive auction processes, as well as our expertise in the DACH region.