Cinven Puts Up $668M For Web Hosting Co. In Latest Big Buy

Law360, New York (July 19, 2013, 3:04 PM EDT) -- European private equity firm Cinven on Friday continued a yearlong spending spree by scooping up Internet domain and Web-hosting company Host Europe Group in a £438 million ($668 million) deal with Montagu Private Equity, it said.

The transaction adds a top online servicer that caters specifically to small and medium-sized businesses and a legacy of double-digit growth to Cinven's portfolio, the firms said. It also continues a 14-month tear for the firm that has seen it rack up deals tied to its fifth fund that together...
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