A global team of Goodwin lawyers advised Triton on the sale of German dogado Group ("dogado") to Cinven. dogado is part of Triton's portfolio company EDSA Group and one of the leading hosting providers in the DACH region. A Cinven fund, in collaboration with global investor Ontario Teachers' Pension Plan Board, has agreed to acquire and subsequently merge both dogado and group.ONE. The parties have agreed not to disclose the terms and conditions of the transaction, which is subject to regulatory approvals.
dogado offers cloud-based hosting and digital marketing services to small and medium-sized enterprises. The company operates from offices across Germany, Austria, and Switzerland, and serves more than 380,000 customers. The merger of group.ONE and dogado creates a one-stop-shop provider of online presence solutions such as domains, web hosting or cloud hosting for small and medium-sized enterprises as well as small home offices that is active throughout Europe.
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer, and healthcare sectors. Triton invests in and supports the positive development of medium-sized businesses headquartered in Europe.
The Goodwin team was led by Dr. Markus Käpplinger, Gregor Klenk, Robert Jochim, Bastian Schmack, Nadine Gommel, Ann-Kristin Auerbach and included Dr. Oded Schein, Philipp Lauer, Hugh O'Sullivan, Winfried Carli, Sarah Jordan, Charlotte Brunsdon, Chloe Birkett and William Stern.
For additional details on the transaction, please read the press release.