M&A Deal Summary

Leaseweb USA Acquires iWeb

On August 2, 2021, Leaseweb USA acquired information technology company iWeb from Internap Network Services

Acquisition Highlights
  • This is Leaseweb USA’s 1st transaction in the Information Technology sector.
  • This is Leaseweb USA’s 1st transaction in Canada.
  • This is Leaseweb USA’s 1st transaction in Quebec.

M&A Deal Summary
Date 2021-08-02
Target iWeb
Sector Information Technology
Buyer(s) Leaseweb USA
Sellers(s) Internap Network Services
Deal Type Divestiture

Target

iWeb

Montreal, Quebec, Canada
iWeb is a provider of Internet hosting solutions and IT infrastructure, with its shared web hosting as well as its dedicated servers and co-location services. iWeb was formed in 1996 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Leaseweb USA

Manassas, Virginia, United States
Category Company
Founded 1997
Sector Internet Software and Services
DESCRIPTION

Leaseweb USA, Inc. is an Internet hosting services provider. Leaseweb offers dedicated and co-located hosting, virtualisation, cloud offerings, tailored IT infrastructure solutions.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 Nobis Technology Group

Phoenix, Arizona, United States

Nobis Technology Group LLC is a provider of various hosting and specialized Internet services.

Buy -

Seller(S) 1

SELLER

Internap Network Services

Reston, Virginia, United States
Category Company
Sector Information Technology
Employees640
Revenue 292M USD (2019)
DESCRIPTION

Internap Network Services provides high-performance IT infrastructure services that enable our customers to focus on their core business, improve service levels and lower the cost of IT operations. Our colocation, connectivity and managed hosting solutions are differentiated by unparalleled levels of performance, availability and support. Internap Network Services is based in Reston, Virginia.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 SingleHop

Chicago, Illinois, United States

SingleHop is a dedicated and cloud hosting provider that offers highly scalable, on-demand infrastructure services to both end-users and resellers primarily under monthly contracts. With clients in 114 countries, two Chicago-area data centers, and over 10,000 servers online, SingleHop delivers state-of-the-art hardware, server management customization and Infrastructure-as-a-Service.

Buy $132M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 Internap Network Services - Network Business Assets

Reston, Virginia, United States

INAP's Network Business Assets include INAP Japan patented, intelligent routing software, Managed Internet Route Optimizer (MIRO).

Sell -
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