Case study

OnApp: Acquisitive growth

Cloud solution provider continues buy and build programme under private equity investment.

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Sector
  • Technology, Media, Telecoms

OnApp is a complete Infrastructure-as-a-Service solution for cloud providers, CDN providers, telcos, carriers, MSPs and enterprises.

Employees: 160

Deal type
  • Carve out
The Team
LDC Region

OnApp helps to simplify the IT systems used by its customers by providing powerful cloud platforms.

More than 3,000 companies in 93 countries use its software.

The business was spun off in 2011 from its parent company, the UK2 Group and it now employs more than 160 people.

Support for growth

We provided development capital to support OnApp’s growth plans in 2011.

The same year, OnApp added a global CDN to the OnApp platform, enabling its customers to reach over 170 locations on demand and accelerate video, application and website delivery for their customers.

In 2014 OnApp acquired SolusVM, the virtual server management system used by thousands of service providers to offer Infrastructure-as-a-Service cloud hosting.