FLEX portfolio company Marbis (Nitrado) acquires APEX Hosting

FLEX portfolio company Marbis (Nitrado) builds the global leading game hosting provider, through the acquisition of APEX Hosting

Karlsruhe/ Reno (Nevada, USA)/ Sarasota (Florida, USA), December 15th, 2021

Industry

Game hosting and service software

Employees

> 160, globally

Locations

Karlsruhe, Reno (Nevada, USA), Sarasota (Florida, USA)

Transaction type

100% acquisition

Data centers

28 (18 Apex, 10 Nitrado)
Data center knots: 20 different locations

Revenue

> 40m EUR

We are excited to announce that the FLEX portfolio company marbis GmbH with its brand Nitrado has acquired Apex Hosting, LLC.

FLEX Capital is a private equity investor with a focus on medium-sized software and internet companies in German-speaking countries. “Together with the Nitrado team we set-out to build the world’s leading game hosting company. This landmark acquisition is an important building block for our strategy and yet another proof point of a global tech champion made in Germany”, states Peter Waleczek founder and Managing Director at FLEX Capital.

Nitrado was founded in 2001 by Marco Balle and Marcel Bößendörfer in Karlsruhe. With over 110 employees, the company operates ten data centers on five continents - reaching customers in over 100 countries. In addition to operating a hosting infrastructure for multiplayer games, Nitrado develops software applications for server control, monitoring and security.

Apex Hosting was founded in 2013 by Seth Mattox and John Rendemonti and is based in Florida, USA. Apex Hosting is the market leader for Minecraft server hosting in the English speaking world with rented capacities in 18 data centers. Furthermore, Apex Hosting has a strong customer support focus which results in top customer satisfaction ratings.

Jointly, Nitrado and Apex Hosting will strengthen their market position in the English speaking world, especially in the USA. Furthermore, Apex Hosting will support Nitrado to bring its marketing activities to the next level while Nitrado will serve as an infrastructure provider to Apex Hosting. Both companies follow a customer-centric approach which will lead to a better customer experience based on customer support, DDoS protection and optimized user panels.

  • “We have found our soulmates in the hosting space and it is Nitrado. Apex Hosting’s commitment to world class support on affordable high power hardware is matched perfectly with Nitrado's bare metal services and experience in supporting over 100 games. We've achieved our goal of becoming the largest Minecraft hosting company in the world. Now, together with Nitrado, we will be the largest game hosting company - period.” Seth Mattox, Co-Founder at Apex Hosting
  • “We are exhilarated to be a part of the marbis family. The experience of the Nitrado team and the infrastructure they have built will accelerate Apex Hosting’s expansion into new markets. It is clear to us that the two brands working together are the leaders in game server hosting.” John Rendemonti, Co-Founder at Apex Hosting
  • “I am happy and excited to work together with John and Seth in the future. To have a strong Minecraft server hosting presence in the USA with a strong marketing expertise was our dream when we thought about our buy-and-build activities. This came true in the form of the transaction with Apex Hosting. What makes this deal very special to me is that Seth and John have a very entrepreneurial drive which will help us seek new business opportunities and will make this story a success!” Marcel Bößendörfer, CEO of Nitrado

About APEX
Apex Hosting was founded in 2013 by Seth Mattox and John Rendemonti and is based in Florida, USA. Apex Hosting is the market leader for Minecraft server hosting in the English speaking world with rented capacities in 18 data centers. Furthermore, Apex Hosting has a strong customer support focus which results in top customer satisfaction ratings.

About NITRADO
Nitrado was founded in 2001 by Marco Balle and Marcel Bößendörfer in Karlsruhe, Germany. Besides operating a hosting infrastructure for multiplayer games, Nitrado develops software applications for server control, monitoring and security. With over 110 employees, the company operates ten data centers on five continents - reaching customers in over 100 countries.

In January 2021, FLEX Capital acquired a majority stake in Nitrado. Together with FLEX Capital, Nitrado plans to further expand its global presence and strengthen its B2B software platform.

"Together with the team at Nitrado, we set out to build the world's leading game hosting company. This landmark acquisition is an important building block for our strategy and further proof of a global tech champion made in Germany."

Peter Waleczek

Managing Partner at FLEX Capital

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