Advised intergenia AG, a leading web hosting company on its sale to Oakley Capital
Arma Partners is pleased to announce that it acted as exclusive financial adviser to intergenia AG (“intergenia”) on the sale of a 51% stake to Oakley Capital Private Equity LP (the “Fund”). Oakley Capital Private Equity LP is an unlisted UK and European mid-market private equity fund with the aim of providing investors with significant long term capital appreciation.
As part of the transaction, Oakley Capital Investments Limited (AIM: OCL) will be providing €10 million of senior financing, with the Fund providing an additional €30 million of equity financing to fund the acquisition. Management and the founders will retain a 49% stake in the business post-acquisition and will benefit from a vendor loan. The transaction is conditional upon the reorganisation of the target group structure and is expected to be completed on 31 December 2011.
intergenia is a leading web hosting company providing managed, dedicated and cloud hosting. intergenia trades under three different hosting brands (PlusServer, serverloft and SERVER4YOU) and is headquartered in Cologne, Germany. intergenia owns data centres in Strasbourg (France) and St. Louis (USA) and also owns WorldHostingDays, which operates the largest series of hosting conferences worldwide.
This transaction further illustrates Arma Partners’ leadership in advising companies in the web hosting sector leveraging Arma’s deep domain expertise, understanding of the buyer universe and first class execution skills.