Charles Thayne Capital and Shaun Ritchie Acquire nClouds

nClouds Acquires Cloudnexa

October 5, 2023

Cloud & SaaS

nClouds, an AWS Premier Tier Services Partner, has acquired Cloudnexa, another AWS Premier partner, to combine cloud operations, security and compliance capabilities. The deal—completed by nClouds (which is backed by Charles Thayne Capital)—creates one of the largest pure-play AWS partners in North America and strengthens the combined firm's offerings across public sector, healthcare, fintech and other industries.

nClouds Acquires PREDICTif Solutions

September 25, 2025

Data & Analytics

nClouds, an AWS Premier Tier Services Partner backed by Charles Thayne Capital, has acquired PREDICTif Solutions, a Houston-based AWS consulting partner specializing in data & analytics and AI/ML. The deal expands nClouds' data engineering, analytics, and AI/ML capabilities to accelerate cloud migrations, modernization, and managed services for customers across multiple industries.

Charlesbank Capital Partners Makes Majority Investment in Titan Cloud

September 8, 2022

Cloud & SaaS

Charlesbank Capital Partners' Technology Opportunities Fund has made a majority investment in Titan Cloud, with existing investor M33 Growth also making a significant follow-on investment. The funding will support Titan Cloud's organic growth, product and GTM expansion, and M&A-driven scale; Lincoln International advised on the transaction.

nClouds Acquires Foghorn Consulting

April 9, 2024

Cloud & SaaS

nClouds, an AWS Premier Tier Services Partner based in Salt Lake City, has acquired Foghorn Consulting, an AWS Premier Tier Services Partner founded in San Francisco focused on cloud security, migration, and application modernization. The deal — with Foghorn being acquired from Centersquare (which purchased Foghorn in 2021) — expands nClouds' cloud engineering, DevOps, and managed-services capabilities to better serve customers across healthcare, financial services, software, energy and the public sector.

Charles Thayne Capital Acquires Lucidpress

May 27, 2021

Cloud & SaaS

Charles Thayne Capital, a growth-oriented private investment firm, has acquired Lucidpress, a cloud-based brand templating and design platform. The investment is intended to support Lucidpress' growth and product development as the company operates as an independent business led by CEO Owen Fuller.

NTT DATA Acquires The Cloud People Group AS

December 18, 2025

IT Services

NTT DATA, via its NTT DATA Business Solutions unit, has acquired The Cloud People Group AS, a leading European ServiceNow partner headquartered in Oslo. The deal brings The Cloud People's ~300+ consultants and 130 active customers into NTT DATA Business Solutions to expand ServiceNow delivery, AI capabilities, and strengthen presence across the Nordics and Central Europe.