Latest Cloud and Virtual Private Server supplier acquisition provides new geographic areas to present portfolio
— Silviu Popovici
NEW YORK, NEW YORK, UNITED STATES, July 26, 2021 /EINPresswire.com/ — Funds managed by associates of Cloud Equity Group (along with its consolidated subsidiaries, “Cloud Equity Group”), a number one various funding supervisor, at the moment introduced the acquisition of Digital-VM, a Cloud and Virtual Private Server supplier with specialty worldwide areas together with Asia, United Arab Emirates, and South America.
Cloud Equity Group, a New York-based funding agency with greater than $100 million of property underneath administration, has substantial experience investing in Cloud and Virtual Private Server supplier companies. The agency at the moment owns a number of considerably related companies providing related internet hosting options in numerous geographical areas. Digital-VM will proceed to function as a standalone firm in Cloud Equity Group’s portfolio.
“We are excited to be becoming a member of forces with Cloud Equity Group,” stated Silviu Popovici, Owner of Digital-VM. “With Cloud Equity Group’s sector experience and strategic perception, Digital-VM will probably be positioned to speed up its progress for the long-term success of the corporate.”
“We are excited to have accomplished our funding in Digital-VM and start working with Silviu and his staff on this subsequent chapter of progress and growth,” stated Sean Frank, Managing Partner at Cloud Equity Group. “Market fundamentals stay sturdy and we see great alternative to boost and develop the platform by way of accelerated investments in expertise, the affiliate expertise, and new shopper engagement fashions.”
About Cloud Equity Group
Cloud Equity Group is a strategically positioned funding administration agency capitalizing on the quickly increasing industries of webhosting and cloud-based infrastructure. The firm’s main focus is leveraging investor capital within the acquisition of personal decrease center market firms that possess excessive ranges of unlevered free money circulation and/or vital alternative for exponential progress.
Digital-VM was based in late 2018 with a give attention to offering quick and dependable Cloud/VPS infrastructure worldwide. The agency focuses on “unique” areas together with Asia, United Arab Emirates, and South America. The firm’s mission is to ship 100% uptime with the quickest speeds out there inside every of its areas.