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UNQUOTE
  • Portfolio management

Triton's Dogado buys Profihost

  • Harriet Matthews
  • Harriet Matthews
  • 06 October 2020
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Germany-based web hosting service Dogado, a subsidiary of Triton portfolio company EDSA, has acquired market peer Profihost.

The acquisition aims to strengthen Dogado's position in the sphere of managed services for websites and online shops.

Triton acquired a minority stake in Finland-based local search provider EDSA in 2012 and subsequently provided an additional €15m equity contribution in December that year, in conjunction with a debt restructuring, to increase its stake to 50.1%. Triton invested via its third fund, which held its final close on €2.25bn in 2010.

EDSA reported revenues of €216m in 2019. It generated revenues of €98m in the first half of 2020.

Dogado has now made 14 add-on acquisitions during the investment period. Prior to the bolt-on of Profihost, the company acquired Easyname in June 2020.

Company
Profihost is a web hosting service. The company offers a number of products including managed server and cluster services, managed shop hosting and domains. Founded in 2002, Profihost is based in Hannover and has 20 employees, according to LinkedIn. Its clients include Afinum portfolio company All4golf, as well as Gruner & Jahr and sports nutrition products Fitmart, according to its website.

People
Triton
– Björn Osterloff (operating partner).
Dogado
– Daniel Hagemeier (CEO); Claus Boyens (chief operating officer).
Profihost
– Marc Zocher (managing director).

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