M&A Deal Summary

NetSource Communications Acquires Pugmark - Hosting Business

On April 14, 2016, NetSource Communications acquired internet software and services company Pugmark - Hosting Business from Pugmarks

Acquisition Highlights
  • This is NetSource Communications’ 1st transaction in the Internet Software and Services sector.
  • This is NetSource Communications’ 1st transaction in the United States.
  • This is NetSource Communications’ 1st transaction in Illinois.

M&A Deal Summary

Date 2016-04-14
Target Pugmark - Hosting Business
Sector Internet Software and Services
Buyer(s) NetSource Communications
Sellers(s) Pugmarks
Deal Type Divestiture

Target

Pugmark - Hosting Business

Naperville, Illinois, United States
Pugmark - Hosting Business is a hosting services provider.

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Buyer(S) 1

Buyer

NetSource Communications

Naperville, Illinois, United States

Category Company
Founded 1995
Sector Internet Software and Services
DESCRIPTION

NetSource Communications, Inc. is a provider of an Internet hosting services to over 600 small and medium-sized businesses from its state-of-the-art data center. NetSource’s geographic location provides the Company and its clients with access to Chicago’s most reliable power service. This is a significant advantage as most clients depend on NetSource’s Infrastructure as a Service (IaaS) hosting to run their critical business operations, and a growing number are turning to the company to meet their needs for managed services, disaster recovery and security.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Pugmarks

Naperville, Illinois, United States

Category Company
Founded 1996
Sector Internet Software and Services
DESCRIPTION

Pugmarks, Inc. is a niche managed hosting, infrastructure management and server management company.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1