After the multi-billion acquisition of EIG earlier this month, two further transactions lead us to believe there might be further consolidation in the web hosting market to come, amid margin contraction and a shift towards website builders.
In Europe, Miss Group – owner of 4 UK host and Stablehost among others – has acquired the Lithuanian web hosting company UAB “Interneto vizija”. The latter has a portfolio of around 68,000 customers with 170,000 domain names and a Tier III datacenter based in the Lithuanian capital, Vilnius.
According to PEwire, the revenue forecast for FY2020 stands at €11.5 million with EBITDA margins in excess of 50 percent, which is surprisingly good in the context of the pandemic. This is the 11th acquisition made by Miss Group in two years; the company…