IT-Ernity acquisition of CloudVPS
CloudOrigin advised fast-growing Dutch Internet and IT Service provider IT-Ernity on their purchase of leading Dutch cloud provider CloudVPS. This transaction will enable IT-Ernity to offer end-to-end solutions to all customers, covering public, private and hybrid clouds, networking and managed services.
Rotterdam-based CloudVPS has been offering virtual servers since 2007 and earlier this year launched the first public European cloud based on OpenStack technology. The company provides customers with flexible, cost-effective, self- or semi-managed cloud environments. While CloudVPS solutions have proved popular across all sectors, they have achieved particular traction in the financial and public sectors, where comprehensive and demonstrable data privacy is essential.
IT-Ernity is one of the leading IT service providers in the Dutch market, offering a wide range of internet and hosting services to over 50,000 customers. Integration with CloudVPS will ensure continued innovation and expansion of the service portfolio and increased choice for customers. The move is the latest in a series of strategic acquisitions and follows the acquisition of Networking and Unified Communications leader Signet BV in December last year.
“Acquiring CloudVPS is a major milestone for the business, enabling us to offer cutting edge end-to-end IT solutions to our growing customer base,” commented Sebastiaan de Koning, CEO of IT-Ernity.
“IT-Ernity customers will be able to choose from an innovative range of public, private and hybrid cloud solutions with the support of the market-leading CloudVPS OpenStack team, while CloudVPS customers can take advantage of IT-Ernity’s private cloud, network and managed services.”
“Joining forces with IT-Ernity will make our cloud solutions available to a far wider range of prospective customers,” said Lennard Zwart, CEO of CloudVPS. “It will also give our existing customers easy access to a range of private cloud, managed services and connectivity solutions with a single contract, service desk and SLA while guaranteeing that their data remains securely hosted in the Netherlands with a Dutch company.”
CloudOrigin CEO, Richard Hall, led the IT and Operational Due Diligence process, having performed the same function on behalf of GMT Communication Partners and VSS when they backed IT-Ernity as a growth investment in 2013 – which was named European TMT Deal of the Year by Acquisition International magazine.
“We are delighted to see IT-Ernity grow from strength to strength, reinforcing their presence in the Netherlands with CloudVPS innovation in the OpenStack community and their agile, high value cloud solutions” commented Hall.
About IT-Ernity Founded in 2002, IT-Ernity offers a comprehensive portfolio of fully managed IT outsourcing solutions as well as secure connectivity, shared hosting and domain registration. The company serves a diverse and growing customer base of over 50,000 customers.
Since 2008, IT-Ernity has made fourteen successful acquisitions, strengthening its existing customer base and broadening its service portfolio. In 2013 the company attracted private equity funding to support this strategy when GMT Communications Partners and Veronis Suhler Stevenson took a majority shareholding in the business. More: www.IT-Ernity.nl
About CloudVPS Founded in 2006, CloudVPS is the leading Dutch public cloud provider. The company provides many large and small customers with flexible, self or semi-managed cloud environments that meet the highest data privacy requirements and are hosted in the Netherlands. In 2013 CloudVPS achieved ISO 27001 and NEN 7510 certification for IT security and patient data security respectively. In 2014 Cloud VPS launched Europe’s first public European OpenStack cloud. More: www.cloudvps.com/