LDC has sold Nexinto to PlusServer

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is delighted to have represented the shareholders of Nexinto Limited (“Nexinto”) in its sale to PlusServer GmbH (“PlusServer”).

Founded in 1994, Nexinto is the largest pure-play provider of managed hybrid cloud solutions in Germany, acting as a strategic business partner to its blue-chip enterprise clients throughout their digital transformation. Nexinto designs and operates tailor-made dedicated environments, as well as fully flexible shared and public solutions, for business critical IT infrastructure. Headquartered in Hamburg, the Company possesses deep technical expertise across its team, and when combined with its comprehensive set of cloud solutions, associated application services and high specification data centers, it offers an excellent platform for continued development in a strongly growing German market.

Nexinto was part of Easynet Group until December 2013, when the majority of Easynet was sold. Easynet’s German hosting business was carved out as Nexinto and retained by LDC. PlusServer, which was acquired by the private equity firm BC Partners in July 2017, will enable Nexinto to accelerate its growth as the company continues to benefit from the increasing demand for high-quality managed hybrid cloud solutions in the German market. Nexinto strengthens PlusServer’s capabilities in hosting business critical IT for enterprise customers.

Lincoln acted as the exclusive financial advisor to the shareholders of Nexinto, working closely with LDC and the management team. Lincoln provided guidance on strategic options, prepared the Company for sale, managed the transaction process and negotiated price and transaction terms. The transaction is subject to approval of the relevant competition authorities.

Diethelm Siebuhr, CEO at Nexinto, said, “I’d like to thank the Lincoln team for their expertise, professionalism and support throughout the sale. Chris and his team provided us with clear advice on how to position the business, engage with buyers and run a competitive and efficient transaction. The successful outcome will ensure Nexinto will continue to flourish under PlusServer’s ownership.”

Chris Brooks, head of Lincoln’s TMT Group, commented, “We thoroughly enjoyed working with Nexinto’s management team and shareholders in all aspects of the transaction and in finding an excellent partner to support the Company’s future growth. The sale of Nexinto continues our high levels of activity in IT-managed cloud services across Europe and is another strategically important transaction for Lincoln’s growing TMT practice, furthering our position as a leading advisor to high-quality companies who have a global buyer audience.”

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