“The charisma of the Nitrado brand in the gaming community, paired with its innovative software solutions and entrepreneurial effort to develop into a global tech champion, impressed us from the start.“
Managing Partner at FLEX Capital
FLEX Capital acquires majority stake in Nitrado (marbis GmbH)
Karlsruhe/Berlin, February 4th, 2021
We are delighted to announce an attractive new addition to the FLEX portfolio: Nitrado, a leading global provider of game hosting and server software.
Nitrado was founded in 2001 by Marco Balle and Marcel Bößendörfer in Karlsruhe. With over 70 employees, the company operates eight data centers on four 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.
Together with FLEX Capital, Nitrado plans to further expand its global presence and strengthen the B2B software platform.
"The charisma of the Nitrado brand in the gaming community, paired with its innovative software solutions and entrepreneurial effort to develop into a global tech champion, impressed us from the start. Its corporate DNA fits perfectly with FLEX. Together with the management we now want to consistently continue this growth path."
Peter Waleczek, Managing Partner at FLEX Capital
"Nitrado operates in a very exciting market. In terms of revenue, gaming is larger than film and music indudry combined. Indeed, the gaming market continues to grow strongly, especially in the console and mobile sectors. Here Nitrado is already excellently positioned for further geographic expansion. In addition, Nitrado has developed numerous software solutions, especially in the area of cybersecurity and distributed denial of service (DDoS). For example, the number and duration of DDoS attacks has risen steadily in recent years. This is exactly why Nitrado has developed SteelShield™: a very exciting product that is relevant for numerous industries and applications."
Christoph Jost, Managing Partner at FLEX Capital
"We are pleased to have gained a strong partner in FLEX Capital that can support us with its diverse entrepreneurial experience. In recent years we have laid a good foundation on which we can now 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."
Marcel Bößendörfer, CEO of Nitrado
Receive regular updates on FLEX Capital's latest news, plus upcoming events and interesting articles and webinars from the internet and software business landscape.
FLEX Capital is a private equity fund founded by successful serial entrepreneurs. We invest in profitable and growing midsize companies from the German internet and software market.