M&A Deal Summary

Cloud Equity Group Acquires CloudAccess

On May 9, 2016, private equity firm Cloud Equity Group acquired internet software and services company CloudAccess

Acquisition Highlights
  • This is Cloud Equity Group’s 4th transaction in the Internet Software and Services sector.
  • This is Cloud Equity Group’s 4th transaction in the United States.
  • This is Cloud Equity Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2016-05-09
Target CloudAccess
Sector Internet Software and Services
Buyer(s) Cloud Equity Group
Deal Type Buyout (LBO, MBO, MBI)

Target

CloudAccess

Traverse City, Michigan, United States
CloudAccess is a cloud based hosting and support platform for Joomla and WordPress based content managers. CloudAccess was founded in 2008 and is based in Traverse City, Michigan.

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Buyer(S) 1

Buyer

Cloud Equity Group

Investor Investor

Category Private Equity Firm
Founded 2013
Size Small
Type Sector Focused
DESCRIPTION

Cloud Equity Group is a private investment firm focused on providing equity and mezzanine capital to businesses that provide web hosting and cloud based infrastructure solutions. The Firm will consider opportunities throughout the US and seeks acquisitions as well as growth capital investment situations. Cloud Equity Group was formed in 2013 and is based in New York City.

DEAL STATS #
Overall 4 of 11
Sector (Internet Software and Services) 4 of 8
Type (Buyout (LBO, MBO, MBI)) 4 of 11
State (Michigan) 1 of 1
Country (United States) 4 of 11
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-14 Virpus

Jersey, New Jersey, United States

Virpus is a virtual private server and bare metal cloud hosting provider. Virpus provides reliable industry-leading services comprised of SSD Cache VPS, Pure SSD VPS, and Bare Metal Cloud Servers. Virpus was founded in 2006 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 ComfortHost.NET

Orlando, Florida, United States

ComfortHost.NET is an international web hosting provider. ComfortHost has been in business for over ten years and hosts more than fifteen thousand domains on its network. The company’s goal is to provide connectivity for its clients around the world with a personalized hosting solution to meet the rising information technology demands of businesses.

Buy -
Mergr

Product

Company

Legal