Lawfuel.com – Best law Firm Newswire Service – International law firm Freshfields Bruckhaus Deringer has advised European private equity firm Cinven on the acquisition of Host Europe Group from Montagu Private Equity for a total consideration of £438m. The transaction is subject to regulatory approval.
Headquartered in the UK, Host Europe is a leading European provider of hosting and domain services to small and medium enterprises (SMEs), with approximately 600 employees. It offers an end-to-end product suite including domain registration, application hosting, cloud hosting and managed hosting targeting SMEs, with most of its revenues generated in the UK and Germany.
The Freshfields team was led by corporate partners David Higgins and Adrian Maguire and senior associates James Scott and Victoria Sigeti.
This is the latest deal for longstanding client Cinven. The firm also advised Partnership Assurance Group, a leading provider of non-standard annuities which offer better terms to customers with medical conditions, together with its majority shareholder, Cinven, on its initial public offering and London premium listing.
