Tag Archives: Equity

PALO ALTO, Calif., July 20, 2021 /PRNewswire/ — ScaleGrid, a leading Database-as-a-Service (DBaaS) provider with its headquarters in Palo Alto, CA and with offices in Bangalore, India and Vancouver, Canada, today announced a growth equity round led by private equity firm Spotlight Equity Partners to support its growth in the managed databases market. ScaleGrid provides fully managed database hosting solutions for MySQL, PostgreSQL, Redis™, MongoDB® Database and Greenplum on both private and public clouds. The managed database market is a rapidly expanding market, and, according to Gartner, is expected to account for 50% of the total database management system market revenue by 2023. Gartner also projects that by 2022, 75% of all databases will reside in the cloud.

Cloud Equity Group

Two Canadian-based acquisitions for continued international expansion

NEW YORK, NY, UNITED STATES, December 28, 2020 /EINPresswire.com/ — NEW YORK, NY (December 28, 2020) – Cloud Equity Group, a leading global private equity firm that specializes in investments in technology and technology-enabled businesses, announced today the acquisitions of Canadian-based Cirrus Hosting and HostMDS.

Headquartered in Toronto, Cirrus Hosting and HostMDS are privately owned hosting providers that have become one of the…

As rumored last month, web hosting giant Endurance International Group (EIG) has been sold – but not to VPN specialist J2 Global as expected.

The owner of well-known web hosting and website builder brands such as Hostgator, Domain.com, Bluehost, Constant Contact and Resellerclub was worth around $859 million last month, but private equity firm Clearlake has agreed to pay a significant premium and handle the enormous outstanding debt.

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.