Cinven's HEG to Acquire Oakley Capital's intergenia for €210M
December 22, 2014
Cinven-backed HEG has agreed to acquire intergenia, a supplier of professional Web hosting and server solutions, from Oakley Capital for an enterprise value of €210 million. The all-cash transaction is expected to generate a 2.5x gross money multiple, with an IRR of 36%, for the seller. intergenia's services are provided through its brands PlusServer, serverloft, Server4You and Unmetered.com; the company's current run-rate EBITDA is over €20 million.