intergenia, PlusServer & SERVER4YOU ... acquired by equity fund

Thu, 24th November 2011, 01:14

German web hosting provider intergenia AG has been acquired by a private equity fund.  Headquartered in Cologne, Germany, intergenia AG operates the hosting brands PlusServer, serverloft and SERVER4YOU. Oakley Capital Investments announced that it will acquire a 51 percent stake in the web host.

Oakley Capital Investments appears to gravitate to technology with prior  investments in TelecityGroup, HostEurope, and involvement in the sale of managed hosting provider DediPower to Lumison.  intergenia founders and senior management will retain an indirect 49 percent stake in the business post-acquisition.The transaction, which is currently under conditional status, is expected to be completed on December 31.