Cloud Equity Group has announced that it has completed its acquisition of all of the web hosting companies owned by the software development firm Conseev for an undisclosed sum.
Conseev has been acquiring and consolidating web hosting companies since it was first founded back in 2011. The 11 distinct hosting brands owned by the firm provide web hosting services to subscribers worldwide through an international footprint which spans over 30 countries.
Managing partner at Cloud Equity Group, Sean Frank provided further insight on its acquisition of Conseev in a press release, saying:
“We believe strongly in the long-term growth tailwinds around the hosting sector, and are excited to partner with Juan and his team to continue to build an international conglomerate with real scale…