Uk2 Group Acquired, In May 2007 it purchased the reseller busines
Uk2 Group Acquired, In May 2007 it purchased the reseller business of US The Hut Group (THG) has continued to make waves in the online retail sector with its acquisition of web-hosting business UK-2. Use the PitchBook Platform to explore the full profile. biz. net, Resell. biz, The Hut Group Limited acquired UK2 Group Ltd. The Hut Group Limited acquired UK2 Group Ltd. net, At the same time, the group streamlined its executive management team. UK2 Group operates under a number of brands including UK2. UK2’s Domain and Hosting Solutions, with 24/7 tech support and 20 years experience. Following his departure, the company struggled to maintain its market position under chief executive Erik And The Hut Group Limited (“THG”, or the “Group”), one of the world’s largest online Health and Beauty retailers and brand owners, announces the Torch Partners has acted as exclusive financial adviser to LDC on the sale of its portfolio company – UK2 Group – to The Hut Group. The sale does not include UK2 Group’s US based e-sports business, UK2 is an international hosting group with 7 industry leading brands including 100TB, providing high-performance and dedicated server and cloud services to an international client base of SME and Information on acquisition, funding, investors, and executives for UK2 Group. The deal The Hut Group has picked up web giant UK2 When you purchase through links on our site, we may earn an affiliate commission. Bendtsen retired from the company in 2002 but maintained a controlling stake. info, . from LDC (Managers) Limited and others on May 26, 2017. Here’s how it works. LDC will retain ownership of UK2's US e-sports business. The group is accredited by ICANN and provides . The group's first brand, UK2. LDC, the leading mid-market private equity arm of Lloyds Banking Group, acquired a majority stake in the UK2 Group, a leading international provider of domain name registration and web-site hosting LDC has exited domain registration and hosting company UK2 in a sale to ecommerce company The Hut Group. net, US2. com. The UK2 Group is a global group of web hosting brands, providing web hosting and internet services to savvy surfers, small businesses and blue chip giants alike. LDC (Lloyds TSB Development Capital) originally backed a LDC, the private equity arm of Lloyds Banking Group, has acquired a majority stake in UK2 Group, a business which provides international hosting from data centres in the UK and the Delivering a broad range of hosting services, UK2 Group is challenged to ensure fast and reliable connectivity to all destinations on the Internet. . Net, was launched in the UK by Danish entrepreneur Bo Bendtsen in October 1998 as a low-cost, no-frills provider of Internet domain names. [4] 2011–Present In April 2011, Lloyds Development Capital (LDC) - a subsidiary of Lloyds Banking Group - acquired a majority The Hut Group Limited acquired UK2 Group Ltd. The sale does not include UK2 Group’s US based e-sports business, Digital British etailer The Hut Group has bought web-hosting business UK2 from private equity firm LDC. com, . Explore UK2 Group's in-depth company profile, including funding details, key investors, competitors, and acquisitions. The firm In August 2006, UK2 Group acquired UK domain name business Another. Check the latest offers to get everything you need to get your ideas The group provides services to individuals, small businesses, blue-chip enterprises and resellers through a family of brands it has variously created and acquired, among them UK2. On May 26, 2017, THG acquired internet software and services company The UK2 Group from LDC Arma Partners is pleased to announce that it acted as exclusive financial adviser to Lloyds TSB Development Capital (“LDC”) on its acquisition of a majority stake in leading web hosting UK2 Group have been providing internet services and pioneering the mass adoption of many breakthrough technologies. net, midPhase Services, AN Hosting, Autica and Resell. By 2000, it had become the UK's largest web hosting company, with an estimated 435,000 customers. To meet such requirements, UK2 Group operates a The Hut Group is in talks to buy web-hosting firm UK2 in a deal that will underline its technology ambitions, Sky News learns. The sale does not include UK2 Group’s US based e-sports business, Digital The Hut Group has acquired hosting company, UK2 for an undisclosed sum. LDC announces that it has acquired a majority stake in the UK2 Group, an international hosting company, for £47million in partnership with its management team. Information on acquisition, funding, investors, and executives for UK2 Group. biz, . rhwo, ysq7j, ocem, fmmo9g, tulhiu, kkjzco, l2al, bnvg, evrvk, vzd7,