Cinven to buy One.com from Accel-KKR
Summary
London – 20 December 2018 – Accel-KKR, a technology-focused private equity firm, announced today that One.com, one of Europe’s leading providers of domain names and web hosting solutions, has reached a definitive agreement to be acquired by Cinven.Maurice Hernandez, Head of the European office for Accel-KKR, said, “Over the past four years, One.com accelerated its market leadership position in Europe while innovating its product offering.We’re proud to have further accelerated that vision with Accel-KKR, which provided strategic and operational experience, including its extensive expertise in cloud and web hosting companies,” said Jacob Jensen, Founder and CEO of One.com.Jacob and his team have been tremendous partners andwe look forward to seeing One.com’s continued growth and success with Cinven,”added Greg Williams, Managing Director at Accel-KKR.At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through significant resources available through the Accel-KKR network.
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