Game hosting provider Nitrado has new majority owner

Tom Schmidtgen Tom Schmidtgen | 08.02.2021

The private equity fund FLEX Capital takes over the majority of the shares.

Berlin-based FLEX Capital is acquiring a majority stake in Nitrado, a game hosting provider based in Karlsruhe. The purchase is intended to expand the B2B business and drive internationalization. Nitrado is part of Marbis and offers servers for computer games. The company operates eight data centers on four continents and employs 74 people. The turnover of the company, which was founded in 2001, is more than 20 million euros. "The charisma of the Nitrado brand in the gaming community, the innovative software solutions, coupled with the entrepreneurial achievement of becoming a global tech champion under its own steam, impressed us very much from the beginning," says Peter Waleczek, Managing Partner at FLEX Capital. "This corporate DNA is a great fit for FLEX. Together with the management, we now want to consistently continue on this growth path."

"We are pleased to have gained a strong partner in FLEX Capital, which can support us with its diverse entrepreneurial experience," says Nitrado CEO Marcel Bößendörfer. "We have laid a good foundation over the past years on which we can build together. I am convinced that FLEX's expertise in the online and software segment is an important building block for us on this path." FLEX Capital has already invested in Brandsforfriends, Delivery Hero and Ladenzeile.de.


Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Delivery Hero
Startup 2011 Berlin Delivery Hero Online food ordering and delivery marketplaces.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts