Nexigen acquires Net Virtue in seven-figure deal



Information technology firm Nexigen’s acquisition of web hosting provider Net Virtue will see more than 15,000 customers and 40,000 services migrate under subsidiary VentralP, with seven-figure deal being Nextgen’s largest acquisition nowadays.

The deal sees Nexigen, the parent company of VentralP, acquire Net Virtue, an Adelaide-based web hosting, managed WordPress and domain names provider.

The co-founder and co-CEO of VentralP, Angelo Guiffrida, is delighted with this opportunity, as Net Virtue “has been a serious competitor for many years, and being able to close the deal in the current market is testament to our reputation. to provide the best – class service to our customers and a proven track record in providing a smooth transition process.

Guiffrida says they will continue to honor the legacy of providing high quality services on which Net Virtue has built its reputation.

“2020 has been a challenge for many businesses, and in 2021 there will be more businesses online than ever before. We know these customers don’t want to hear from us about the mergers, the cost savings that don’t lower their prices, and the ongoing promises of better days that never come true, ”said Guiffrida. “They just want to go about their business, be respected and get great service, and that’s what we continue to deliver in spades. “

Net Virtue Managing Director Daniel Webber concludes: “VentraIP has proven time and time again to put the customer first, which has been a major factor in the acquisition. I am confident that our loyal customers will remain in good hands to receive the best service and support. in industry.”

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