Carlyle part of team buying Spanish Web hosting firm

The Carlyle Group and another private equity firm have reached an agreement to acquire Arsys, a Spanish provider of Web hosting and domain registration services, for about $230 million.
D.C.-based Carlyle, a private equity firm with more than $75 billion under management, and Madrid, Spain-based Mercapital will equally invest to buy majority ownership in Logroño, Spain-based Arsys. The founders of Arsys will retain a minority stake in the company.
The transaction is subject to regulatory approval, Carlyle said in a statement.
Arsys has more than 550,000 domains registered, 170,000 clients and 250 employees.
Fernando Chueca, an associate director with Carlyle, said in the firm's statement that Arsys "has huge potential" and is in an "exciting sector."