International law firm Taylor Wessing has advised on the sale of One.com, one of Europe's leading providers of domain names and web hosting solutions, to European-investment focused private equity firm, Cinven.
The firm provided advice to both the founder and CEO of One.com, Jacob Jensen, as well as Accel-KKR, a technology-focused private equity firm. Accel-KKR made its initial growth investment in One.com in 2014, helping the business generate significant organic revenue growth and increased profitability.
Mike Turner, Partner and International Head of Technology, Media and Communications at Taylor Wessing, said:
“We thrive on advising market leading brands, and One.com is certainly one of these, boasting a leading position in Europe. This, as a result, was a high profile transaction which required exceptional teamwork on behalf of both One.com and Accel-KKR to fulfil their strategic aims. We couldn’t be happier for everyone involved, and remain very excited by what the future holds for Jacob and the wider management team."
Jacob Jensen, founder and CEO of One.com, said:
"One.com has delivered value-added and easy-to-use solutions to small- and medium-sized businesses and consumers since inception. We are proud of this excellence and feel that Mike and his team brought their own excellence to this deal. The team's work helped to get us in a position to accelerate our vision with Accel-KKR."
Maurice Hernandez, Head of the European office for Accel-KKR, added:
“Throughout our four years working with One.com, its market leadership position in Europe has grown exponentially. Not only have we been fortunate to work with a talented management team at One.com, we also had the pleasure of working with Mike and his skilled team to deliver this fantastic result."
The Taylor Wessing team was led by partners Mike Turner, James Goold and Duncan McDonald, with support from associates Alex Dodds, David Bates, Alex Richardson, James Homan and Nick Karangizi.
