FastComet Joins World Host Group to Enhance Global Hosting Services
Deal News | Apr 24, 2025 | PR Newswire Cision World Host Group
World Host Group announced its acquisition of FastComet, further advancing its mission to become the world's most trusted hosting platform. The acquisition allows World Host Group to integrate FastComet’s developer-friendly features, performance infrastructure, and strong customer service with its existing capabilities. This strategic move enables World Host Group to enhance its technological and talent pool, expand its global reach, and synchronize innovative hosting services across its growing portfolio of over 30 brands. FastComet, a company serving 32,000 customers in 100 countries, will continue to operate under its established brand while benefiting from World Host Group’s infrastructure and global reach. Customers of FastComet will now have access to expanded support teams and tools, including innovative developer and agency tools and a reimagined user interface set to launch in April 2025. The integration underscores World Host Group’s philosophy of growth through collaboration and shared success, built on strong values and enhanced user experiences.
Sectors
- Information Technology Services
- Corporate Mergers & Acquisitions
Geography
- United Kingdom – The announcement originates from London, indicating the primary geographic interest.
- Bulgaria – FastComet and World Host Group have operations and teams in Bulgaria, significant for FastComet's integration.
Industry
- Information Technology Services – The acquisition involves web hosting services, a critical component of information technology services.
- Corporate Mergers & Acquisitions – The article focuses on the acquisition of FastComet by World Host Group, a significant M&A transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| World Host Group | Acquirer | Company | A leading global web hosting platform with a growing portfolio of over 30 brands. |
| FastComet | Target Company | Company | A global web hosting company known for developer-first approach, exceptional customer support, and high-performance technology. |
| Seb de Lemos | CEO | Person | CEO of World Host Group, leading the acquisition. |
| Georgi Yanev | Founder & CEO | Person | Founder and CEO of FastComet, involved in the acquisition discussions. |