The, investment, which was made by Oakley Capital Private Equity L.P. , is conditional upon the reorganization of the target group structure and is expected to complete on 31 December 2011.
As part of the transaction, Oakley will be providing €10m of senior financing with Oakley Capital Private Equity providing an additional €30m of equity financing to fund the acquisition.
intergenia currently trades under three different hosting brands (PlusServer, serverloft and SERVER4YOU). It owns data centres in Strasbourg (France) and St Louis (USA), and also owns WorldHostingDays, which operates a large series of hosting conferences worldwide. The company has a geographically diversified customer base composed predominantly of SME customers.
Oakley plans to support intergenia’s management in taking the business to the next stage of its development, further growing both domestically and internationally. Beyond Germany, the company is already present in France, USA, Switzerland and Brazil, among others.