Success story

The largest and fastest-growing global dedicated game server hosting provider

Company
Marbis GmbH (Nitrado), MCProHosting, APEX Hosting
Focus
Game hosting and server software
Location
Karlsruhe, Reno (Nevada, USA), Wyoming (USA)
Foundation
2001
Invested in
2021
Status
Active
Key successes
The largest and fastest-growing global provider of dedicated game server hosting

Revenue growth over the past three years has surged by 237.5%

Acquisition of two market leaders in the game hosting sector - Achieving world leadership in Minecraft server hosting

Appropriate succession solution for founders through an external CEO

Marcel Bößendörfer, Founder of Nitrado
“FLEX Capital is a strong partner who supports us with their diverse entrepreneurial experiences. What we have achieved together in the first year is phenomenal. […] Through the two acquisitions, we have further expanded our global market leadership.”

About Nitrado

Nitrado is the global leader in server software and game hosting. The company operates ten data centers across five continents, serving customers in over 100 countries. In addition to managing hosting infrastructure for multiplayer games, Nitrado develops software applications for server control, monitoring, and security.
100% Support

FLEX provided advisory support in the following measures:

Expansion of the management team to relieve the executive leadership and assistance in recruiting executives for key positions, including Chief Operating Officer, Chief Financial Officer, and Vice President of Marketing, among others

Acquisition of two US market leaders to expand global presence

Further development of the corporate strategy and establishment of an advisory board

Migration of servers from MCProHosting and APEX Hosting to Nitrado's data centers to achieve cost savings in the seven-figure range

Implementation of a suitable succession solution for the founders by hiring a new external CEO