Posted on March 3, 2021 by Nick Farrell - News
Cloudy MSP Node4 has a new equity backer to help in its expansion plans.
Providence Equity Partners, an equity firm that specialises in the media, communications, education, software and services industries and no one is saying how much cash is involved.
Over the past five years, Node4 has achieved strong organic growth through significant new customer wins and the provision of a broader range of information and communications solutions to its existing clients. During this period, significant investment has been made in people, systems, skills and the product portfolio, which has positioned Node4 to capitalise on the opportunity for cloud-led digital transformation growth.
Node4 buys Node4 – Channel EYE channeleye.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channeleye.co.uk Daily Mail and Mail on Sunday newspapers.
Node4 acquires K3’s Starcom Technologies
1st March 2021
Node4 has acquired Starcom Technologies Limited, the MSP division of K3 Business Technologies Group (K3). The acquisition will see Starcom Technologies become part of Node4’s comprehensive portfolio of services, further adding to its capability of delivering enhanced cloud managed services throughout the UK. It also expands the company’s operational presence with offices in Scotland, the North West and South East England.
With annualised revenues of £11m, Starcom Technologies has built a reputation with K3’s customers as a collaborative and service-led cloud, hosted and managed services provider. This acquisition presents a huge opportunity for Node4 to continue its growth as a leading national provider of cloud managed services, expanding its operational footprint while deepening the company’s cloud hosting expertise with enterprise resource planning (ERP) systems such as SYSPRO, Sage and Microsoft Dynamics.
Node4 acquires Starcom Technologies to further enhance cloud services information-age.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from information-age.com Daily Mail and Mail on Sunday newspapers.