Blog Posts

Trustventure advised in the acquisition of Wingu Networks by World Host Group

World Host Group, a global leader in web hosting and cloud services, just announced the acquisition of Wingu Networks. Trustventure advised Wingu’s Management Team with Financial Due Dilligence.

06.11.2023
Orbit of images around World Host Group and Wingu Networks logos. Text: 'Trustventure advised in the aquisition of aifora by CentricSoftware'

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.

 

Our role

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.

 

About Wingu

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

 

Wingu networks aquisition by World Host Group

 

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.

 

Partner with us

Unlock the full potential of your financial strategy with Trustventure’s expert guidance. Whether you’re navigating challenges in the financial sector, seeking advice on corporate financing, or enhancing your planning and controlling processes, we’re here to empower your journey and help you create transparency and confidence for both you and your investors.

Ready to elevate your financial game? Reach out to us today using our contact form or drop us a direct message at office@trustventure.de. Work with us to achieve your financial success!

Other articles

VC Landscape Germany VC + PE Landscape – Q1 2024 Between a decrease of 7% in invested VC volume and a $200mn funding round, Germany is closing its venture capital landscape Q1-2024. Learn all about it in our latest analysis. April 25, 2024
Events Trustventure’s new partnership with Angels Partners We are thrilled to announce our new partnership with Angels Partner, a plarform connecting founders to relevant investors across different industries, stages and locations. April 23, 2024
VC Landscape European VC Landscape – March 2024 2024's first trimester ends with a 7% decline in invested VC volume and AI at the top of the most invested industries list. Read our in-depth analysis to learn all the details. April 5, 2024
VC Landscape European VC Landscape – February 2024 After January's steep increase in invested VC volume, February showed a 24% decrease. Read our in-depth analysis, where you can uncover all the details. March 12, 2024
VC Landscape European VC Landscape – January 2024 2024 started off with a 58% increase in invested VC volume, amouting to $4.9bn total. Explore all the details in this month's analysis. March 12, 2024
Events Web Summit 2024: Trustventure’s Recap After attending to the Web Summit Qatar 2024, we're excited to share our journey with you! Between panel discussions and interactive sessions we are above all thankfull for the opportunity to further connect with the startup community. March 7, 2024
Events Trustventure’s Successful Debut of FINE in Berlin Our Founders and Investors Networking Event (FINE) Berlin was a great success! Thanks to all the amazing people that attended, we managed to bring together a vibrant community of like-minded people. If you couldn't make it this time, here's a recap of everything you missed. February 28, 2024
Design for Trustventure's Investors and Founders event with Germany's map in the background Events Join our Founders and Investors Networking Event (FINE)! Together with French Tech Berlin we are happy to debut FINE, a Networking Event for Founders and Investors! Get your free ticket for an evening filled with drinks, music, and pitches! January 23, 2024
Black and white pine tree in a snowy scenerio VC Landscape European VC Landscape – December + 2023 Recap 2023 was an year of many ups and downs for Venture Capital, having ended with a 33% decrease of invested volume. To learn more, explore our analysis of this month's data plus an in-depth recap of 2023's scenerio. January 22, 2024
Black and white Winter scene with many trees and a clear lake VC Landscape European VC Landscape – November 2023 Even though November ended with a decrease in the number of investments, it also marked a 35% increase in the VC investment volume. Explore all the details in this month's analysis. December 12, 2023
All articles