Wednesday, December 6, 2006
Private Equity Firm Acquires Aplus.net
Private equity firm Catalyst Investors has acquired San Diego-based Aplus.net, a provider of domain registration services, web hosting, and dedicated server hosting services, the firm said Monday. Financial terms of the deal were not disclosed. Catalyst invested in the 300 employee firm alongside Gabriel Murphy, founder of web hosting firm CommuniTech.net. Catalyst is a mid-market private equity firm that typically invests $5 to $30M in growing businesses alongside management teams. According to Catalyst, Aplus.net provides its services to over 90,000 small- and medium-sized businesses.