Carlyle and N+1 Mercapital divest Arsys

The GPs bought a 79% stake in the firm in 2008, a deal valued at around €160m. The remaining stake was held by the firm's founders.

Commerzbank and Barclays provided the debt package, split evenly between the providers. The transaction was negotiated over three months, with a further three months required to formalise the deal. Arsys was the first asset to be acquired by Mercapital's Spanish Buyout Fund III.

The firm bolted on Sync in 2011 to expand its Latin American presence. 

1&1 is a web hosting and domain services firm, and a subsidiary of United Internet.

Company
Founded in 1996 and based in Logroño, Arsys is a European provider of web hosting and domain registration services. The company was an early developer of cloud hosting platforms.

The company's turnover stood at around €40m in 2012, the same figure cited at the time of the 2008 acquisition, according to unquote" data. Arsys has more than 150,000 paying customers across 100 countries. The firm employs 300 staff.

People
Fernando Chueca is a director at Carlyle Europe Technology Partners. David Estefanel is managing partner of N+1 Mercapital.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe
• Technology
• Exits
• Spain
• Carlyle Group
• Mercapital
• Trade sale