Announced
Completed
Financials
Tags
Google Cloud technology
Private Equity
Acquisition
Private
Majority
Digital Services
United Kingdom
cloud solutions
Friendly
Completed
Cross Border
Single Bidder
Synopsis
Marlin Equity Partners, a global investment firm, completed the investment in CTS, a software provider for Google Workspace and M365. Financial terms were not disclosed. "We believe CTS is well-positioned to capitalize on the momentum behind Google Cloud Platform, one of the fastest-growing public cloud platforms. We see growing demand for our leading professional and managed services capabilities across the sectors and regions we serve. We are delighted to join Marlin, who brings a wealth of operational expertise and domain knowledge to our team, while continuing our relationship with NorthEdge. With their shared vision and support, we look forward to further strengthening CTS’s position in the European market and continuing to invest in CloudM," Tom Ray, Cloud Technology Solutions Group CEO.
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