Intergenia focuses on managed, cloud and dedicated hosting and the group owns two data centres in Strasbourg (France) and St Louis (US).
As part of the transaction, the company will be providing EUR10m of senior financing with the Fund providing an additional EUR30m of equity financing to fund the acquisition (including transaction costs).
Oakley Capital said founders including senior management will retain an indirect 49% stake in the business post-acquisition and will benefit from a vendor loan.
Oakley Capital Investments director Peter Dubens said that they are delighted to be backing such a talented management team in an industry, namely webhosting, which we know well. intergenia is an impressive company which has built one of Europe’s most energy efficient data centres, utilising ground water cooling.
The transaction is expected to complete on 31 December 2011 and Arma Partners acted as exclusive financial advisor to intergenia.
