November 10, 2016

Cloud Equity Group to acquire NodeServ

“NodeServ has the added advantage of being based out of a datacenter with unparalleled security”, says Cloud Equity Group

This week, private equity investment firm Cloud Equity Group announced that it has closed the deal for the acquisition of NodeServ. The terms of the deal have not been disclosed.

NodeServ is a virtual private server hosting provider that provides services from its self-owned equipment and network. The company says that their main facility operates within an operating Federal Reserve Branch in Jacksonville, FL and is staffed by armed federal law enforcement officers.

Sean Frank, Managing Partner at Cloud Equity Group, said :

The budget virtual private server hosting sector continues to remain attractive as technology allows for providers like NodeServ to create small virtualized servers at very affordable price points.

NodeServ has the added advantage of being based out of a datacenter with unparalleled security.

The NodeServ acquisition is a prime example of Cloud Equity Group’s opportunistic investment philosophy at work. We believe our management expertise will establish NodeServ as a major player within a strong niche market.

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