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New Deal


Announced

Beech Tree Private Equity to invest in Ancoris.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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Tags

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Digital Services

Single Bidder

Friendly

cloud services

Google Cloud services

Private

United Kingdom

Minority

Private Equity

Pending

Acquisition

Domestic

Synopsis

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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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