In a significant move towards expanding its global footprint, World Host Group, a leading name in web hosting and cloud services, has announced the acquisition of Wingu Networks, S.A de C.V. This strategic decision not only underscores World Host Group’s dedication to serving the Latin American market but also solidifies its position as a key player in the industry. With new offices in Bulgaria, Indonesia, the United Kingdom, India, and Mexico, the acquisition encompasses prominent Mexican web hosting businesses, including their renowned brands, suempresa.com and xpresshosting.com.
In our advisory role, Trustventure guided World Host Group’s Management Team through various aspects of the financial due diligence process. This encompassed providing a comprehensive overview of the transaction scope, legal structure, and the basis of financial preparation. Furthermore, we conducted a detailed analysis of historical revenue, earnings, assets, and liabilities, enabling the management team to assess the company’s financial history.
We also delved into historical cash flow analysis, ensuring any red flags and findings were reported promptly, empowering the management team to take necessary measures.
Based in Mexico, Wingu Networks has established itself as a reputable name in the Mexican web hosting industry. Over the years, they have gained a strong reputation for delivering top-notch hosting solutions and services to a wide range of businesses and individuals throughout Mexico. This acquisition not only enhances World Host Group’s portfolio but also reaffirms the company’s dedication to better serve its growing Latin American customer base.
Benefits of the acquisition
The acquisition of Wingu Networks brings immediate benefits for suempresa.com and xpresshosting.com customers. They will now have access to World Host Group’s state-of-the-art data centers, ensuring faster and more reliable hosting services. Additionally, enhanced technical support will be readily available. The core values of security, performance, and customer satisfaction upheld by World Host Group are well-aligned with Wingu’s principles, promising a seamless transition for existing customers.
World Host Group is committed to minimizing disruptions and ensuring a smooth migration to its hosting infrastructure. Leveraging its extensive experience in the web hosting industry, coupled with advanced technology and 24/7 customer support, the company is poised to provide Mexican businesses and website owners with the tools and support necessary to excel in the digital landscape.