Axcel has acquired Loopia and Active 24, leading mass hosting providers in Sweden and the Czech Republic, to propel their growth through service diversification and market expansion.
Information on the Target
Loopia and Active 24 are recognized leaders in the mass hosting sector, specializing in web domains, shared web hosting, and complementary value-added services. The company serves approximately 350,000 small and medium-sized enterprises (SMEs) and prosumer clients on a subscription basis, primarily through their operations in Sweden and the Czech Republic. Their product offerings include not only hosting solutions but also additional services such as e-commerce support, security features, and Microsoft Office 365 integration.
Founded in 1998, Loopia operates under its own brand in Sweden, while Active 24 caters to customers in the Czech Republic. Together, they maintain a significant presence in other European markets including Germany, Norway, the Netherlands, Serbia, Slovakia, Spain, and the UK. Under the leadership of CEO John Hugosson, Loopia and Active 24 have recently experienced robust organic growth in their client base and profitability, aided by strategic acquisitions.
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Industry Overview in the Target’s Specific Country
The mass hosting industry in Sweden and other target countries is characterized by a strong demand for web-based services among SMEs and prosumers. With a growing reliance on digital platforms, businesses increasingly seek reliable hosti
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Axcel
invested in
Loopia and Active 24
in 2023
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Revenue: $1M