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Host Europe
Oakley advises on £222m disposal of Host Europe
Completed Transactions - Host Europe
Sector:
Hosting & Datacentres
Transaction Type:
Disposal
Date:
September 2010
Deal Value:
£222m

Oakley Capital Corporate Finance (”Oakley”; the “Company”), the mid-market Corporate Finance and Corporate Broking specialist, announces that it has advised Host Europe Corporation Limited (”Host Europe”) on its sale to Montagu Private Equity, for a consideration of £222 million. Oakley acted as coadvisor to the deal alongside NM Rothschild. Completion is conditional upon approval from Germany’s Federal Cartel Office (Bundeskartellamt), which is expected to take up to four weeks.

Host Europe consists of two divisions operating web hosting businesses in distinct geographies. In the UK, Host Europe operates through the brands 123reg and Webfusion. 123reg is the UK market leader for domain name registration and Webfusion is the UK’s second largest shared hosting provider. In Germany, Host Europe GmbH is the German market leader in the standardised managed hosting market.

Chris Godsmark, Joint Managing Partner of Oakley, said:

“This is the 21st deal mandate completed by Oakley since November 2007 and one of the largest transactions we have been involved in. The deal further underlines our experience and network in the international hosting sector where we are seeing a strong forward pipeline of new business.”

For further information please contact:
Chris Godsmark, Partner
Daniel Havercroft, Managing Director
+44 207 766 6900

*Completed by Oakley Capital Corporate Finance

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