Miss Group secures investment from Harbert European Growth Capital, buys an American hosting company.

Miss Group, a Stockholm, Sweden-based company providing web hosting services, announced securing capital investment from UK-based Harbert European Growth Capital.

The financial details remain undiscolsed and the funding will be used primarily for US expansion the acquisition of an America-headquartered hosting company, in a transaction adding 20,000 new active accounts to the business.

Miss Group, founded in 2014 by CEO Mattias Kaneteg, is a holding company providing hosting services and which grew rapidly by acquiring other smaller players in the space.

The acquisition takes Miss Group to 70,000 global customers and reinforces underlines a continuation of the high growth strategy pursued since the company’s inception in 2014. The company is headquartered in Manchester, UK and has offices in Stockholm, Sweden, Miami, USA & Sofia, Bulgaria.