M&A Deal Summary

iomart Group Acquires Easyspace

On September 6, 2004, iomart Group acquired internet software and services company Easyspace for 12M GBP

Acquisition Highlights
  • This is iomart Group’s 1st transaction in the Internet Software and Services sector.
  • This is iomart Group’s 2nd largest (disclosed) transaction.
  • This is iomart Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2004-09-06
Target Easyspace
Sector Internet Software and Services
Buyer(s) iomart Group
Deal Type Add-on Acquisition
Deal Value 12M GBP

Target

Easyspace

United Kingdom
Easyspace Ltd. is a provider of domain name and web hosting services with 300,000 live domains and 140,000 customers of which 40,000 are hosting customers.

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Buyer(S) 1

Buyer

iomart Group

Glasgow, United Kingdom

Category Company
Founded 1998
Sector Technology Hardware
Employees650
Revenue 127M GBP (2024)
DESCRIPTION

iomart Group is a provider of building an extensive, cloud-capable, global network, specifically aimed at the enterprise. iomart Group was founded in 1998 and is based in Glasgow, Scotland.


DEAL STATS #
Overall 1 of 11
Sector: Internet Software and Services M&A 1 of 9
Type: Add-on Acquisition M&A Deals 1 of 10
Country: United Kingdom M&A 1 of 11
Year: 2004 M&A 1 of 1
Size (of disclosed) 2 of 10
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-07 Ezee DSL

Leeds, United Kingdom

Ezee DSL Ltd. is a broadband provision company.

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