Squire Patton Boggs assists in the acquisition of Sered
A team led by corporate partner, Matt Canipa, and Rocío García, legal director of Madrid corporate department, has advised the international web hosting business Miss Group in the acquisition of Sered to expand its foot print across Spain.
Joining Miss Group’s existing brands in the spanish market, ProfesionalHosting and ADW, Sered is one of the country’s most established providers of web hosting products, servicing over 25,000 customers with a turnover in 2022 of 2.5 million euros. With strong growth across each of these three brands, the total turnover in 2023 for the entire expanded spanish portfolio is expected to be more than 10 million euros.
Launched in 2009 and headquartered in the spanish city of Ourense, Sered operates under a co-location model – owning its product infrastructure while renting data centre space to house its servers in Madrid and Barcelona – providing flexibility to scale and better latency for customers’ websites. It´s web hosting products range from low value shared hosting packages, through to cloud hosting packages for larger corporations.
The team was completed by Mona Mojtabavi, Alejandra Castañeda and Jorge Boguña, associates in Manchester and Madrid corporate team.
Pictured: Rocío García (legal director), and associates Alejandra Castañeda and Jorge Boguña from the Madrid Squire Patton Boggs team.
