Miss Group, the fast growing international web hosting business, has acquired Hoststar, one of Switzerland’s largest web hosting providers. This follows one month after the acquisition by the Perwyn-backed business of another leading Swiss hosting provider; Webland.
The two combined acquisitions are expected to deliver an annual turnover of more than €10 million, adding over 100,000 SME customers and positioning Miss Group as a leader in the Swiss market and larger DACH region, further strengthening its revenue growth and international reach.
Headquartered in Fraubrunnen, Switzerland, Hoststar was founded in 1996. Today, the company serves 80,000 customers with 180,000 hosted domains across Switzerland and Austria.
Mattias Kaneteg, Founder and CEO of Miss Group, said: “As one of the largest web hosting providers in Switzerland, Hoststar has built an impeccable reputation with both staff and customers for its market-leading services. As part of Miss Group, Hoststar will have access to our international network of expertise and technical knowledge, as well as a broader range of products and services to offer its customers.”
Andrew Wynn, Perwyn Founder and Managing Partner, added: “Perwyn acquired a majority position in Miss Group in February 2020, and since then they have consistently continued to impress us with their growth. Hoststar takes the total number of acquisitions completed by Miss Group under Perwyn ownership to nine, and we look forward to the company’s advances in 2022.”
January 2022