Cinven to invest in Nitel.

Cinven, a private equity firm, agreed to invest in Nitel, a technology services provider. Financial terms are not disclosed. “Founders Ron and Rick have built an impressive business: not only has Nitel delivered a market-leading offering, capitalizing on the rapid growth of the managed access and SD-WAN markets, but they have built an unparalleled reputation for providing customers with outstanding service levels," Chris Good, Cinven Partner.