Cloud Equity Group Acquires eBizUniverse

Hub International Acquires the Assets of E-Insure Services, Inc.

June 7, 2023

Financial Services

Hub International Limited acquired the assets of E-Insure Services, Inc., a Chicago-based direct-to-consumer insurance lead generation platform, and will integrate the E-Insure team into its VIU by HUB LLC personal insurance brokerage platform. The acquisition brings advanced data-driven marketing and targeting capabilities to VIU to improve lead quality, conversion rates and reduce customer acquisition costs; terms were not disclosed.

Cloud Equity Group Acquires Chrein

October 24, 2022

IT Services

Cloud Equity Group completed the acquisition of Chrein, a Long Island, New York-based web development firm that provides website design, hosting and ongoing maintenance to small- and medium-sized businesses. Terms were not disclosed; Cloud Equity Group said it plans to accelerate Chrein's growth organically and through strategic M&A to expand its capabilities and market reach.

Homepage Universe Acquires VPS Network Group from Cloud Equity Group

October 11, 2022

Cloud & SaaS

Homepage Universe Inc., a Los Angeles-based hosting operator, has acquired VPS Network Group ("VPS Net") from Cloud Equity Group in a full exit for the private equity firm. VPS Net is an international virtualization and bare-metal cloud hosting provider (including brands such as Virpus) and the deal is intended to expand Homepage Universe's virtualization capabilities across multiple technology stacks and geographies. Terms were not disclosed.

Cloud Equity Group Acquires Information Systems Division (ISD)

August 23, 2021

IT Services

Cloud Equity Group, a New York–based lower-middle-market private equity firm, has completed the acquisition of Information Systems Division (ISD), a managed service provider headquartered in Oneonta, New York. The transaction is intended to strengthen Cloud Equity Group’s MSP platform and expand its presence in the Northeast; financial terms were not disclosed.

Cloud Equity Group Acquires Digital-VM

July 26, 2021

Cloud & SaaS

Funds managed by Cloud Equity Group have acquired Digital-VM, a cloud and virtual private server (VPS) provider with specialty international locations in Asia, the United Arab Emirates, and South America. Cloud Equity Group said Digital-VM will operate as a standalone company within its portfolio and that the investment will support accelerated technology and customer growth.

Cloud Equity Group Acquires Integrated Enterprise Solutions

July 19, 2021

IT Services

Cloud Equity Group (CEG) acquired New York-based Integrated Enterprise Solutions (IES) as a new standalone platform investment. IES — an IT services provider founded in 1998 that offers managed services, cloud, security and HIPAA analysis to small and mid-sized businesses — will continue to operate under its existing management while CEG looks to accelerate growth and expand the company’s geographic reach.