After the multi-billion takeover of EIG Earlier this month, two further transactions lead us to suspect that there could be further consolidation in the web hosting market amid shrinking margin and a shift to website builders.
In Europe, Miss Group – owns 4 UK host and Stablehost among others – has acquired the Lithuanian web hosting company UAB “Interneto vizija”. The latter has a portfolio of approximately 68,000 customers with 170,000 domain names and a Tier III data center in the Lithuanian capital Vilnius.
According to PEwirethe revenue forecast for FY2020 is € 11.5 million with EBITDA margins above 50 percent, which is surprisingly good in the context of the pandemic. This is Miss Group’s eleventh acquisition in two years; the company now has 20 brands under its umbrella.
Elsewhere, Web.com acquired domain and web hosting provider Freeparking, based in New Zealand. The acquisition brings in more than 90,000 customers and comes after Web.com’s purchase of Dreamscape Networks for $ 76 million in 2019.
In addition to owning one of the most iconic (and well-recognized) names out there, Web.com also operates Network Solutions (and the Network Solutions website builder), SolidCactus and domain registrar Register.com.