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M&A Deal Summary

group.ONE Acquires Shore

On July 31, 2024, group.ONE acquired internet software and services company Shore

Acquisition Highlights
  • This is group.ONE’s 2nd transaction in the Internet Software and Services sector.
  • This is group.ONE’s 1st transaction in Germany.

M&A Deal Summary
Date 2024-07-31
Target Shore
Sector Internet Software and Services
Buyer(s) group.ONE
Deal Type Add-on Acquisition

Target

Shore

Munich, Germany
Shore is an end-to-end SaaS vendor focused on small and medium-sized businesses (SMBs) in the DACH region. The company provides a suite of cloud-based tools designed to streamline operations for local service providers across various industries, including retail, health and wellness, beauty, and fitness. Offerings include an efficient POS system, 24/7 appointment scheduling, customer relationship management, and digital marketing services. Shore is based in Munich.

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Buyer(S) 1

Buyer

group.ONE

Malmö, Sweden
Category Company
Founded 2002
Sector Internet Software and Services
Employees550
DESCRIPTION

group.ONE is a provider of online presence solutions via mass hosting and business software products to small-and medium-sized enterprises (‘SMEs’) and small-office home-offices (‘SOHOs’) through brands including one.com, Hostnet and WP Media. group.ONE was founded in 2002 and is based in Malmö, Sweden.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-30 Hostnet BV

Amsterdam, Netherlands

Hostnet BV is a web hosting provider in the Netherlands with a hosting-led proposition focused on SMEs. the company is focused on mass-hosting with a product suite that targets both non-technical and technical users including domain-only, web hosting, WordPress, email hosting, Office 365 and Virtual Private Servers (‘VPS’) on both a Managed and an Unmanaged basis. It has maintained a strong focus on customer service and success with industry-leading satisfaction metrics and customer support. Hostnet was formed in 1999 and is based in Amsterdam.

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