Advised One.com, the largest independent web hosting provider in Northern Europe and portfolio company of Accel-KKR, on its sale to Cinven
Dec 2018
(a portfolio company company of Accel -KKR)
acquired by
  • Sector: Cloud Managed Services
  • Deal Type: Founder-led Businesses; Private Equity Deals
  • Engagement type: Sellside
  • Size: $200-500m
Scroll

Arma Partners is pleased to announce that it has acted as financial advisor to One.com, a portfolio company of Accel-KKR, on its sale to Cinven.

Founded in Denmark in 2002, One.com is the largest independent web hosting solutions provider in Northern Europe, trusted by over 1 million customers as the platform on which they create and maintain an online presence. Through a suite of web hosting, website-builder and website-enhancement tools, all built on a proprietary technology platform and unified under a single brand, the company offers easy-to-use solutions for small businesses and prosumers.

The sale of One.com is a landmark transaction in the European hosting market. This transaction further reinforces Arma Partners‚ market-leading credentials in the cloud, internet infrastructure and web hosting sectors and is another example of our ability to deliver a high value outcome through an accelerated and highly effective process.

-Founded in Denmark in 2002, One.com is the largest independent web hosting solutions provider in Northern Europe

-Prior to this transaction, One.com was founder-owned, with Accel-KKR becoming a minority investor in 2015

-The company is trusted by over 1 million customers, providing a suite of web hosting, website-builder and website-enhancement tools

-All of this is built on a proprietary technology platform and unified under a single brand

-One.com offers easy-to-use solutions for small businesses and prosumers to create and maintain an online presence

-Cinven was founded in 1977, with offices in nine international locations in Guernsey, London, New York, Paris, Frankfurt, Milan, Luxembourg, Madrid, and Hong Kong

-Cinven has invested across a range of geographies and in several sectors and industries; the current portfolio includes investments in TMT, Consumer, Healthcare, Financial services, Business services and Industrials

-Cinven funds have made over 120 investments with portfolio companies in Europe, Asia and the US

-Cinven has raised €27bn across 6 funds, with its latest active fund, Cinven VI, having secured €7bn in 2016

-Cinven will help One.com accelerate its growth, both organically and through acquisitions, by drawing on its sector expertise and experience through previous transactions in the space

-There are several structural growth drivers which will benefit One.com’s organic growth including potential for upsell, price increases and opportunity to expand the customer base, serving both lower and higher-end customers via innovative products

-The fragmented competitive landscape in the sector provides a clear opportunity to benefit from accelerating consolidation, leveraging One.com’s scalable technology platform and attractive brand

-Arma actively supported the management team in positioning One.com’s growth strategy, preparing for counterparty meetings and Q&A, as well as advising on deal tactics and leading negotiations

-Arma designed and executed an accelerated process with a short preparation phase followed by focused outreach to pre-qualified counterparties in an informal phase 1, encouraging motivated parties to move quickly

-The transaction further reinforces Arma Partners’ market-leading credentials in the cloud, internet infrastructure and web hosting sectors and is another example of its ability to deliver a high value outcome through an accelerated and highly effective process