Ashurst advised HSBC, Lloyds, Société Générale and Unicredit on the financing of the acquisition of the German web hosting supplier Intergenia by the British Host Europe Group ("HEG"), a portfolio company of private equity investor Cinven. The vendor of Intergenia is Oakley Capital. The parties have agreed not to disclose financing volume and purchase price.

The Ashurst team advised out of Frankfurt and London and was led by Frankfurt banking partner Anne Grewlich. Anne was assisted by associates Ralph-Tobias Rodrian and Gabrielle Metherall as well as paralegal Dimitar Morfov. Partner Dr. Klaus Herkenroth advised on tax issues. Senior associate Dr. Carolin Fenck advised on corporate law aspects.

The London team comprised partner Luke McDougall, senior associate David Collins, associate Selina Martines as well as trainee solicitor Kimberley Sayers (all banking, London). Furthermore, partner Nicholas Gardner and associate Ceri Stoner (both tax, London) and partner Nick Rainsford (corporate, London) also advised.

Intergenia Group owns the brands Server4you, Plusserver, Serverloft, Unmetered.com and Internet24.de. More than two million active websites and about 40,000 customer servers are hosted by intergenia in its two data centers in Europe and the US. According to its own reports, HEG manages over six million domains and more than one million customers. About a year ago HEG has already taken a big competitor in the German hosting market with domainFactory.