Ares and Carlyle invest €800 million in Your.World for M&A expansion
dviser and sole placement agent, with A&O Shearman serving as legal adviser to Strikwerda Investments and Your.World. This partnership positions Your.World for accelerated growth and further consolidation within the European online services sector.
The recent investment of €800m by Ares Management Credit Funds and Carlyle Inc. in Your.World, a prominent European provider of online solutions, is set to propel the company’s expansion and acquisition endeavors. Launched in 2016 by Strikwerda Investments, Your.World focuses on web hosting, digital productivity tools, and managed IT services. Through a series of well-planned acquisitions, the company has rapidly expanded its portfolio, now managing 45 unique brands, with a workforce of over 2,000 employees catering to more than one million customers through its Your.Online and Your.Cloud divisions.
This substantial injection of capital solidifies Your.World’s position as a key player in an industry characterized by fragmentation. Ares’ James Kim commended the company’s successful operational strategies, sectoral leadership, and robust growth prospects, while Carlyle’s Taj Sidhu emphasized its resilience and future potential for growth driven by mergers and acquisitions. The involvement of JP Morgan as the exclusive financial advisor and sole placement agent, alongside A&O Shearman as legal advisers to Strikwerda Investments and Your.World, has paved the way for a strategic partnership, positioning Your.World for rapid expansion and further industry consolidation in the European online services sector.
The significance of this investment lies in the affirmation of Your.World’s prowess in the market and its potential for sustained growth through strategic approaches. By securing this financial backing from industry giants, the company is well-positioned to leverage its strengths, navigate challenges, and explore new avenues for expansion within the competitive online services landscape. The backing of Ares and Carlyle not only provides the necessary resources but also underscores the confidence in Your.World’s ability to navigate market dynamics effectively and capitalize on growth opportunities in an ever-evolving digital services sector. This partnership not only ensures the company’s financial stability but also opens up avenues for scaling its operations and solidifying its market presence across Europe.