Miss Group adds $8M in growth capital investment from BGF.
Miss Group, a Manchester, UK and Stockholm, Sweden-based holding company providing web hosting and related services, announced securing £6.4M ($8.2M) in capital investment.
The money comes from British investor BGF and will be used to accelerate its international expansion strategy, by building further scale through driving organic growth and acquisition of web hosting companies in new and existing markets. In conjuction of the investment, Miss Group has appointed Phil Male as Non-Executive Chair following an introduction by BGF.
Miss Group, founded in 2014 by Mattias Kaneteg, provides a range of services predominately to SMEs, including domain registration, site building, website hosting and email management. The company employs more than 50 people located in UK, Sweden, USA and Bulgaria.
Prior to this deal, Miss Group added capital investment from Harbert European Growth Capital Fund at the beginning of 2018.