November 1, 2016

Cloud Equity Group to acquire ComfortHost

The acquisition expands the company’s international presence to ten different locations

cloud commerce

This week, private equity investment firm Cloud Equity Group has announced that it has closed the deal for purchase of web hosting provider ComfortHost. Cloud Equity Group says that this acquisition extends its presence to ten different locations internationally.

Sean Frank, Managing Partner and Portfolio Manager at Cloud Equity Group said :

Cloud Equity Group continues to add attractive, functional assets to our hosting portfolio that are in strong performing markets.

This new investment serves customers out of four key geographical markets that will allow us to enhance our global presence even further.

ComfortHost has been in business for over ten years and claims to host about fifteen thousand domains on its network. Cloud Equity Group say that they plan to implement their scale and operational efficiency in to ComfortHost, similar to its strategy for its prior investments in the hosting space.