Announced

Beech Tree Private Equity to invest in Ancoris.

Synopsis

Beech Tree Private Equity, a private equity firm, agreed to invest in Ancoris, a Google cloud expert. Financial terms were not disclosed. “We are extremely pleased to have found the right partner in Beech Tree, they have significant knowledge of our sector and scaling businesses like Ancoris. We have experienced strong growth in the last few years and this investment will allow us to respond to customer demands even quicker. From the beginning, we felt a strong cultural alignment and, being a people business, that’s incredibly important to us,” David McLeman, Ancoris CEO & Founder.

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