Angelo Giuffrida (Nexigen Digital)
VentraIP parent firm Nexigen Digital has acquired Adelaide-based web hosting and area title service provider Net Virtue.
Nexigen mentioned the deal was price “seven figures” and can herald 15,000 purchasers and 40,000 providers introduced into VentraIP as the corporate’s largest acquisition.
Founded in 2011, Net Virtue specialises in web hosting, nvX hosting, managed WordPress providers, VPS servers and area title providers.
“We had been extraordinarily excited to be introduced with this chance as Net Virtue has been a powerful competitor for a few years, and to have the ability to clinch the deal within the present market is testomony to our status for offering greatest-in-class service to our purchasers and a confirmed historical past of offering a easy transition course of,” Nexigen Digital co-founder and co-CEO Angelo Giuffrida mentioned.
“We will proceed to honor the legacy of offering the prime quality service that Net Virtue has constructed their status on, and broaden on that by delivering 24/7 Australian assist on business-main infrastructure.”
Giuffrida added that extra companies will probably be on-line than ever following the challenges of 2020 dropped at small companies and sole merchants.
“We know that these purchasers don’t need to hear from us about mergers, value financial savings that don’t scale back their costs, and steady guarantees of higher days forward which might be by no means delivered; they only need to get on with their enterprise, be revered, and get nice service – and that’s what we proceed to ship in spades,” he mentioned.
Speaking on the acquisition, Net Virtue managing director Daniel Webber mentioned, “I’m very proud and grateful of the crew that formed Net Virtue. Starting this enterprise 10 years in the past, I by no means envisaged rising to the place we’re in the present day, and I solely have the crew to thank for that.”
“VentraIP has confirmed again and again to place the client first, which was a significant factor within the acquisition. With the eagerness and vitality that [co-CEO] Cheyne [Jonstone] and Angelo have created at VentraIP, I’m sure that our loyal clients will stay in succesful fingers to obtain one of the best service and assist within the business.”
The deal comes a number of days after Nexigen acquired Melbourne-based digital marketing agency Digital Eagles, as the corporate appeared to bolster its digital advertising model Circular Media Group.