One of the founders of Progressive Slovakia is selling its company to a Danish multinational company for millions of euros.
The biggest Slovak provider of Websupport came into the hands of the Danish investment company Axcel. A company with three ten employees and a turnover of almost four million euros joined the Swedish unit Loopia and three groups of Czech Active 24 by the Loopia group. Michal Truban, owner of the company, confirmed the company's sales information on his Facebook profile.
"We received an offer from several companies, but we sold it to a Danish multinational company that wants to take advantage of Websupport, relying on our experience and management," Truban said.
The transaction took place at a time of significant growth in the company, when Websupport earned 19% y / y to 354,285 years / year in 2017 and sales of the company by 11% to EUR 3,974 million. The company has leased 142,000 customers to 763 servers, hosting nearly 173,000 Internet domains.
Danish Axcel is an investment company based in Copenhagen that manages private equity and invests primarily in medium-sized companies in various sectors. Currently, there are five funds with a total capital of more than 1.9 billion euros.
Take a look at how Michal Truban justified the sale of his company: