KKR has agreed to acquire a majority stake in Contabo, a global cloud infrastructure and hosting provider based in Germany. As part of the transaction, existing investor Oakley Capital will retain a minority stake in the business, alongside management and hosting entrepreneurs Thomas Strohe, Jochen Berger and Thomas Vollrath.
Contabo is a cloud infrastructure and hosting provider, offering SMEs, developers, prosumers and gamers simple, easy-to-use cloud services with a best-in-class price-performance proposition. With a global network of 23 data centers in Europe, the United States and Asia, Contabo is serving a diversified mix of more than 250,000 customers in different industries across approximately 150 countries.
The strategic partnership with KKR will help enable Contabo to further invest in its infrastructure and pursue its organic growth ambitions by expanding its product and technology portfolio as well as the company’s international footprint. The company is