Herbst Kinsky advised the owner of World4You regarding the sale of the company to United Internet
Herbst Kinsky advised the owner – Johannes Kührer and his holding – on the sale of World4You Internet Services GmbH – market leader in the webhosting industry in Austria – to 1&1 Internet SE, affiliate of United Internet AG. The transaction volume ranges in the upper double-digit million range.
World4You with its headquarter in Linz was established by Johannes Kührer 20 years ago, has 25 employees and manages 250.000 web presences for 100.000 clients.
German United Internet AG with its registered office in Montabaur is a listed internet-provider. United Internet has high-performance internet factories with 9,000 employees, of which 3,000 are engaged in product management, development and data centres. In addition to the high sales strength of its established brands as 1&1, yourfone, smartmobile.de, GMX, WEB.DE, mail.com and Strato, United Internet stands for outstanding operational excellence with around 59 million customer accounts at 10 data centres with around 90,000 servers. United Internet also has shareholdings in listed companies as well as numerous investments in young internet firms.
Johannes Kührer´s main reason for choosing Herbst Kinsky´s team under the leadership of Phillip Dubsky was the widely recognizes leading expertise of the team in complex Tech M&A transactions. Herbst Kinsky´s know how in tech M&A sales processes was a key factor for the successful completion of the transaction.