Balandra advises KIO on the Sale of Its Web Hosting Division
Mexico City, Mexico (October, 2023)
Balandra Capital, is pleased to announce its role as the exclusive financial advisor to KIO, a leading data center and IT infrastructure company in LatAm, in the divestiture of its web hosting division. The web hosting company has been successfully sold to one of the largest global hosting, domain name and solutions provider.
The divestiture represents a significant step for KIO, allowing the company to sharpen its focus on core operations, particularly its high-growth data center and IT infrastructure services. By streamlining its portfolio, KIO is positioned to drive further innovation and expansion within its key service areas, while continuing to provide world-class infrastructure solutions to clients across various industries.
For the acquirer, this acquisition marks an important expansion of its capabilities in the web hosting market. By integrating KIO’s web hosting business, the acquirer strengthens its product offerings, enhances its operational scale, and expands its presence in key markets.
Balandra acted as the exclusive financial advisor to KIO throughout the transaction process.
About KIO
KIO is a leading data center and IT infrastructure provider in LatAm, offering mission-critical services to clients across industries.
For more information: www.kio.tech
About Balandra Capital
Balandra Capital is a merchant bank with an investment and advisory platform that serves founders, family offices, businesses, and long-term investors across the Americas.
For more information: www.balandracapital.com
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