HgCapital has invested in
Zitcom Hosting (Zitcom) and ScanNet – both web hosts and cloud computing companies based in Denmark. The company, the private equity arm of HgCapital Trust PLC, has headquarters in London, United Kingdom. An investment in the range of £3.2 million ($4.77 million) will be made in the companies in partnership with the Zitcom co-founder and CEO, Stefan Rosenlund. Other investors involved in the deal include the Mercury TMT Fund.
Zitcom, which has headquarters in Skanderborg, Denmark, offers a range of services which extend to data center services, cloud options, enterprise backup, disaster recovery options and email and collaboration solutions that include spam filters. The company also offers Hosted Exchange and Office365 alongside a number of more standard hosting packages. ScanNet, which has headquarters in Kolding, Denmark, offers cloud options, hosting and domain name registration options alongside SSL-certificate registration.
“HgCapital’s objective is to support the Zitcom and ScanNet management teams and employees in building a clear champion in Denmark, based on their excellent reputation for service delivery, unique operating platform and attractive multi-brand strategy,” explained an announcement on the company’s website. "The combination of Zitcom and ScanNet will create a business with a leading position in both mass and managed hosting markets for SMEs in Denmark," added the announcement.
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