Axcel acquires Loopia and Active 24 from Visma.

Axcel, a Copenhagen, Denmark-based private equity firm focusing on mid-market companies announces the acquisition of Loopia and its subsidiary, Active 24, which collectively is a market-leading mass hosting provider

The two brands are bought from Visma in a transaction with financial details undisclosed.

Loopia and Active 24, founded as one company in 1998 and led by CEO John Hugosson, offer web domains, shared web hosting and value-added services such as security, e-commerce and Microsoft Office 365.

The products are sold online on a prepaid subscription basis to around 350,000 SMEs and prosumer customers across primarily Sweden and the Czech Republic, with a further presence in Germany, Norway, the Netherlands, Serbia, Slovakia, Spain and the UK.

The business offers web domains, shared web hosting, and value-added services to around 350,000 SMEs and prosumers on a subscription basis

Loopia and Active 24 command market-leading positions in Sweden and the Czech Republic and has a good presence in Germany, the Netherlands, Norway, Serbia, Slovakia, Spain and the UK.