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New Deal


Announced

Completed

Gryphon Investors completed the acquisition of a majority stake in 3Cloud.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

strategic advisory

IT Services: Other

Acquisition

technical services

Majority

Friendly

Private

Single Bidder

Mbo

Completed

Synopsis

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Private equity firm Gryphon Investors completed the acquisition of a majority stake in 3Cloud, a provider of strategic advisory and technical services for the Microsoft Azure cloud platform. Financial terms were not disclosed. "Gryphon's investment in 3Cloud is the outgrowth of our focus on Next Generation IT Services over the past year. We are enthusiastic about partnering with 3Cloud, which is favorably positioned in the attractive and fast-growing market of public cloud services and specifically Microsoft Azure," Gabe Stephenson, Gryphon's Business Services Group Principal.

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