Perwyn-backed Miss Group acquires PrivateVPN
Miss Group, an international web hosting business backed by private equity investor Perwyn, has completed its fourth acquisition this year to date – Swedish VPN provider PrivateVPN.
Founded in 2009 and headquartered in Sweden, the company provides VPN services to over 75,000 customers globally. In the 12 months to March 2022, PrivateVPN reported revenues of SEK29m.
PrivateVPN is the fastest growing private VPN product worldwide, enabling customers to easily connect to high security servers to provide encrypted and safe communication. It also protects its customers’ IP from third party companies.
PrivateVPN founder Martin Müller will leave the business post acquisition, with day-to-day management transitioning to Miss Group’s established management team in Sweden.
Perwyn, a family-backed private equity business, acquired a majority position in Miss Group in February 2020 to support the growth ambitions of the business through international expansion and ongoing M&A. Private VPN takes the total number of acquisitions completed under Perwyn ownership to 12, and the total number of acquisitions completed by Miss Group since 2018 to 21.