Announced
Financials
Tags
cloud solutions
IT Services: Other
Private
Majority
Pending
Acquisition
United Kingdom
Friendly
managed services
Domestic
Single Bidder
Private Equity
Synopsis
Bowmark-backed Node4, the UK-based infrastructure and services company, agreed to acquire Starcom Technologies, the managed services unit of K3 Business Technology Group, which provides mission‐critical business software, cloud solutions and managed services, for £14.7m. "Node4 is an excellent new home for Starcom with its focus exclusively on managed services, and the deal enables us to accelerate our strategy of growing own IP product revenue. We wish Starcom great success for the future," Adalsteinn Valdimarsson, K3 Business Technology Group CEO.
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