Creative ITC secures a significant minority investment from LDC
Leading cloud service provider Creative ITC takes the next step in its growth journey, obtaining a minority investment from LDC, the private equity arm of Lloyds Banking Group.
Headquartered in London, and with a global data center and operating footprint, Creative ITC is the UK’s market-leading provider of high-powered cloud computing solutions to the global architecture, engineering and construction (AEC) sector. Creative ITC delivers specialist and mission-critical cloud infrastructure solutions, including its desktop-as-a-service offering and sophisticated data storage and backup/recovery products. Creative ITC’s international data center footprint allows its solutions to be delivered at high speed and low latency to customers, enabling the business to support demanding application environments and data processing and storage requirements on a global scale. Customers include architecture and engineering giants WSP, AtkinsRéalis and Foster + Partners.
Lloyds Development Capital Limited (LDC) is a mid-market private equity house and subsidiary of Lloyds Banking Group. LDC has a successful track record in the ICT sector, having made 25 investments into businesses with a total enterprise value of £1.5 billion (US$1.9 billion) since 2012.
Oaklins Cavendish, based in the UK, advised Creative ITC’s shareholders in this transaction. LDC’s investment and strategic support will help the business to deliver its ongoing growth strategy, along with acceleration into new markets and building out product capabilities. The backing from LDC will also enable Creative ITC to explore complementary acquisitions.
Keith Ali
CEO, Creative ITC
Contáctese con el equipo de la transacción
Transacciones relacionadas
Bluegem Capital Partners and AREV Partners have acquired 100% of Groupe Pinard
Bluegem Capital Partners and AREV Partners have successfully completed the acquisition of the prestigious Groupe Pinard from IK Partners.
Aprenda másLumiforte partners with Kartesia to propel global growth and innovation
Lumiforte, a global leader in innovative smart coatings for greenhouse horticulture, sports line-marking and other functional coatings for agriculture and industry, is excited to announce an investment from Kartesia, a European specialist in capital solutions for small and medium-sized companies. Horticoop, a longstanding shareholder of Lumiforte and a key player in the horticultural industry through its investment cooperative, continues to remain a shareholder.
Aprenda másYxion has been acquired by Normec
Normec has acquired Dutch consultancy Yxion from Antea. Through this acquisition, Normec continues its acquisition strategy in Europe, while also looking for expansion opportunities in the United States.
Aprenda más