home.pl acquires its competitor AZ.pl

home.pl, a portfolio company of Value4Capital, acquired a majority stake in AZ.pl, one of its principal competitors in the domains registration and hosting market in Poland.

“The acquisition of AZ.pl by home.pl confirms our Fund’s strategy to invest in successful businesses and help them grow both organically and by consolidating the market”, said Piotr Misztal, Partner at Value4Capital. “AZ.pl has a strong strategic fit with home.pl and pushes the company into a clear leadership position in the market.”

Marcin Kuśmierz, CEO of home.pl said: “At home.pl our goal is to offer customers the most reliable service and a product portfolio that matches their online ambitions. AZ.pl will expand our market presence to offer solutions and functionalities adapted to our clients’ needs. We will develop AZ.pl’s offer and brand to address a distinct market segment, complementing what’s already on offer from home.pl.”

Funds advised by Value4Capital invested in home.pl in February 2012. Since then, the company has successfully grown its operations and profitability organically. home.pl acquired its stake in AZ.pl, its first major acquisition, from KeySystems GmbH.