The Perwyn-backed fast growing international web hosting business, Miss Group, has accelerated its international growth through the acquisition of one of Switzerland’s leading web hosting providers, Webland.
The acquisition of Webland is the fifth to be completed by Miss Group in 2021, as part of its ongoing buy-and-build strategy and will strengthen revenue and EBITDA growth for the Group in the Swiss market and the DACH region.
In addition, Miss Group has signed a Sales and Purchase Agreement with another leading Swiss hosting provider. Due for completion in January 2022, the combined acquisitions will deliver an annual turnover of €10 million, positioning Miss Group as a market leader in Switzerland.
Founded in 1998, and headquartered in Münchenstein, Switzerland, Webland is one of the pioneers of the Swiss hosting market. With an annual turnover of €4 million, the company manages 75,000 domains with high performance data centres located in Basel and Münchenstein.
Mattias Kaneteg, Founder and CEO of Miss Group, said:“Growing Miss Group’s presence in Switzerland and surrounding regions is a key part of our ongoing international growth and follows the launch of Hostek Sverige earlier this month to support our enterprise hosting customers across the Nordics. The combined acquisition will cement Miss Group’s position as a market leader in Switzerland, providing best-in-class hosting, domain and other web services to SME businesses across the country.”
Perwyn acquired a majority position in Miss Group in February 2020 to support the growth ambitions of the business through international expansion and ongoing M&A. Webland takes the total number of acquisitions completed under Perwyn ownership to eight, with the total number of acquisitions completed by Miss Group since 2018 being 17.
Andrew Wynn, Perwyn Founder and Managing Partner added: “Miss Group has achieved an impressive growth trajectory throughout the year. We are delighted with this acquisition, which continues the expansion of its geographic footprint as well as its client base. There are a number of other targets in the pipeline for 2022, which will help the company maintain this momentum.”
December 2021