Oakley Capital to Acquire cPanel

cPanel, the makes of control panel software used by many hosting providers across the globe, has announced it has signed an agreement to be acquired by Oakley Capital. Oakley Capital is a private equity investor that invests in companies primarily located in Western Europe.

Financial details of the impending acquisition have not been disclosed. Oakley Capital is the same investment firm that acquired Plesk in May of 2017. Plesk is also control panel software used to manage sites.

cPanel is based in Houston, TX with more than 220 employees. Employees will stay with the company and the headcount is expected to increase thanks to the investment.

Nick Koston, cPanel’s CEO, issued the following statement in a press release.

This investment reflects a great step forward for cPanel. Our team has developed software that contributes to the success of millions of websites operating globally and looks forward to continuing to do so with the same passion that you, our loyal customers have come to love.

This investment will give Internet infrastructure providers access to a wider range of software, features and support. I am excited about what the future holds for the company and the great team at cPanel.

Nick Koston

Koston will remain as the company’s CEO and cPanel will continue to run as a separate entity. The acquisition needs to pass a governmental review before it is finalized.


4 responses to “Oakley Capital to Acquire cPanel”

  1. Hope it won’t affect innovation in the long run when two of such big systems are in the hands of the same investors

  2. Wow, the same holding company will now control ~95% of the consumer/semi-pro server management software? What could possibly go wrong?

  3. The first good thing I thought was yay! – maybe they will come up with a few new cheaper plan options like plesk has done.

    There are several good server deals I want to take advantage of, a good box for $50 sounds nice, until I need to add $45 per month for cpanel. Meh.

    Then the article mentions the investors already own the competition – kind of scary, and what kind of power you may have to be able to affect most web sites around the world in a day. Scary power, I think we may need some kind of security and continuity council to oversee all this!

    Of course if they don’t bring the price down, it leaves it open for some smart people to coddle together something similar and offer it via the droplet kind of hosting companies for a 10th of the price.

    Perhaps a half dozen hosting companies would pitch in and get a worldwide crew to make something better than the dashboard currently out there, can’t be that hard.

    I still love to use cpanel, but only when it’s included on a vps or shared hosting service, I cringe at the cost on dedicated, and I have almost, but decided not to buy additional hosting at 2 different companies this year just because of the addon cost of cpanel.

    This week I am still considering the sale price at one of the prominent places, but instead leaning towards the 10 domain limited plesk to run it instead of cpanel.


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