Expereo, a cloud access and SD-WAN solutions provider that was acquired by private equity firm Apax Partners in 2018, has announced the acquisition of Globalinternet – a global supplier of managed Internet access services. Financial terms of this acquisition were not disclosed.
Globalinternet is a managed Internet access provider, offering “business-grade” Internet access worldwide to carriers, MSPs and enterprises. Founded in 2012, with headquarters in Amsterdam, and offices in Sao Paulo and Manila, Globalinternet is focused on enabling transformation of enterprise networks. Globalinternet’s capabilities would further fuel Expereo’s rapid growth trajectory, following this year’s earlier acquisition of connectivity intelligence platform, Comsave.
“It is a natural and exciting move for both companies,” said Irwin Fouwels, CEO of Expereo. “The COVID-19 pandemic has accelerated digital transformation processes where enterprises are revisiting their networking strategies. Having Globalinternet and Expereo’s capabilities combined allows us to support both enterprise customers and managed service provider (MSP) partners efficiently and at scale, benefiting from enhanced internet and cloud access services and a single best-in-class leading digital customer experience.”
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“Joining forces with Expereo will further strengthen and accelerate our digital capabilities in providing managed Internet services, whilst also adding further service options for our customers such as enhanced cloud access services,” said Kees Bos, CEO of Globalinternet.
Apax Partners provides long-term equity funding to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €4 billion. These funds invest in fast-growing middle-market companies across four sectors of specialization: Tech & Telecom, Consumer, Healthcare, and Services.
“The acquisition of Globalinternet evidences Expereo’s commitment to providing unmatched network connectivity and cloud access solutions to our customers,” added Mr. Fouwels. “We want to ensure that we will continue to earn their confidence by meeting their requests and improving our service capabilities.”