Announced
Completed
Financials
Tags
IT Services: Other
Domestic
Acquisition
Private Equity
Completed
Friendly
it consulting
United Kingdom
Venture Capital
Private
Majority
Single Bidder
Synopsis
August Equity, the UK venture capital and private equity firm, completed its acquisition of Air IT, a British IT consulting firm. Financial terms were not disclosed. “Industry providers typically focus on larger enterprises, yet the SME market is showing a trend towards outsourcing a lot of its IT, from cyber security to managed services,” Philip Rattle, August Equity Managing Partner.
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