Mergers and Acquisitions, Mergers and Acquisitions

HostPapa Acquires Cloud 9 Hosting

Business concept, male hand putting missing piece of jigsaw puzzle with copy space

Business concept, male hand putting missing piece of jigsaw puzzle with copy space

Web hosting and cloud services provider HostPapa has acquired Cloud 9 Hosting, a U.S.-based application hosting service provider for small businesses. Financial terms of the deal were not disclosed.

This is technology M&A deal number 304 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

HostPapa Acquires Cloud 9 Hosting

Cloud 9 Hosting was founded in 2007 and is focused on the small to mid-sized business market. Cloud 9 specializes in hosting accounting and tax applications such as QuickBooks, Sage, Drake Tax and LaCerte Tax in the cloud, according to Cloud 9. The company also offers managed IT services and support, according to its website.

HostPapa was founded in 2006 and is based in Burlington, Ontario, Canada. The company offers enterprise-grade web hosting and cloud services for small businesses across the globe and also offers 24x7 multilingual customer support, according to its website. The acquisition of Cloud 9 Hosting will allow HostPapa to expand its reach and grow its customer base in the accounting and tax applications space, according to a statement from the company.

Executive Commentary

Jamie Opalchuk, founder and CEO, HostPapa
Jamie Opalchuk, founder and CEO, HostPapa
Matt Dubois, founder and CEO, Cloud 9 Hosting

Jamie Opalchuk, HostPapa founder and CEO, commented on the news:

"Cloud 9 Hosting is a reliable application hosting partner to small businesses, helping them move their accounting and tax applications into the cloud. This will enable HostPapa to expand into supporting these applications for our wider customer base. In line with our mission, the goal is to offer a full range of enterprise-grade solutions at an affordable price for entrepreneurs and SMBs. We think Cloud 9 Hosting is the perfect addition to the growing HostPapa group that will help us continue pursuing these goals." he added.

Matt Dubois, CEO of Cloud 9 Hosting, added:

"We are excited to be part of the growing HostPapa team. With this acquisition, Cloud 9 Hosting will be able to scale to provide a level of service our customers have come to expect, while expanding services to a broader audience."

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

Related

You can skip this ad in 5 seconds