The Berlin-based company’s clients include banks, technology and media companies as well as private customers. DNS:NET, which generated revenues of nearly €13m in 2012, plans to expand its customer base by investing in high-speed fibre-optic networks.
DBAG and its managed Expansion Capital Fund will acquire a 25 per cent interest in the business. The firm said it will make further investments in DNS:NET as the company grows.
DBAG spokesman Torsten Grede said, “We are confident that by investing in high-performance broadband connectivity a premium product can be created and, with that, a unique market position.
“DNS:NET has grown impressively in recent years and we now want to support the company in taking the next step in its development through our expansion capital.”
Earlier in September DBAG reported that its portfolio posted a total return of 8.5 per cent in the first nine months of the current fiscal year and said it expected more value growth in the current fiscal year.
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