Miss Group secures £13m Series B funding from BGF to back international acquisitions.
BGF provided the follow-on capital to support European expansion and further dealmaking.
Miss Group is an international web hosting provider offering domain registration, virtual private servers, and related digital services. The firm operates a customer-focused model serving more than 200,000 clients across multiple markets.
Miss Group has secured £13m in Series B funding from BGF to support its ongoing international acquisition strategy. The latest capital injection follows an initial investment by BGF in August 2018 and brings total backing from the firm to £19m.
The web hosting provider has used previous funding to complete several strategic acquisitions across Scandinavia, adding tens of thousands of customers and millions in EBITDA. The new funds will enable the company to pursue further European expansion as it targets projected sales of £21m for 2019.
From the founder
"We have ambitious plans for growth and a strategy to add additional complementary acquisitions to our stable. We believe there’s still significant growth potential to expand into new markets, which we’re able to do with the funding and support provided by BGF."
Mattias Kaneteg
Founder and CEO at Miss Group
Investor perspective
"Mattias and Miss Group’s track record speaks for itself – the team knows the market and its SME customers inside out. With offices already spanning the UK, US, India, Bulgaria and Scandinavia, we look forward to supporting further growth by expanding the business’ already impressive global footprint."
Pinesh Mehta
Investor, BGF
Use of funds
- 01Fund acquisitions
Investors
Categories
About the company
Miss Group
Miss Group provides international web hosting and domain registration services.