Freshfields Bruckhaus Deringer has advised private equity firm Cinven’s €1.69bn sale of Host Europe Group (HEG) to GoDaddy.
In its largest acquisition, cloud platform GoDaddy has purchased the largest privately-owned web services provider in Europe as part of its continuing international expansion. The company will pay €605m to Cinven shareholders and assume net debt of €1.08bn. The transaction is expected to close by the second quarter of 2017.
