
Oakley Capital acquires intergenia
Oakley Capital Private Equity has taken a 51% stake in German web hosting company intergenia.
Oakley agreed to buy the stake intergenia with €30m of equity from its founders and management.
The new capital will be used to drive intergenia's growth strategy, both locally and globally.
This is the second investment in the sector by Oakley Capital, which previously owned the web hosting business Host Europe. It was sold to Mantagu Private Equity for £222m in September 2010.
Debt
Oakley Capital Investment, the listed fund management company, provided €10m of senior debt. intergenia also received a vendor loan.
Company
intergenia is a German web hosting company based in Cologne that provides managed, dedicated and cloud hosting. It trades under three brands, PlusServer, serverloft and SERVER4YOU. intergenia also owns WorldHostingDays, a global conference hosting provider.
The company has data facilities in France and the US, one in Strasbourg and one in St Louis. Its customer base is dominated by SMEs. intergenia hosts more than 2 million active websites.
intergenia was founded in 1999, by Thomas Strohe, Jochen Berger and Christoph Berger
People
Mark Joseph and Alex Collins led the deal on behalf of Oakley Capital Investments.
Advisers
Equity - Liberum Capital Limited, Steven Tredget, Steve Pearce (Broker); Ashurst (Legal).
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