Kerv Acquires Gyrocom

Kerv Acquires cloudThing

May 6, 2021

IT Services

Kerv has acquired cloudThing, a UK-based digital transformation and bespoke software specialist, expanding Kerv’s cloud and digital capabilities and trebling its headcount to create a £35m revenue group. The transaction, funded in part by a recent credit facility and backed by PE partner LDC, positions Kerv as a broader cloud-centric managed services and digital transformation provider.

Kerv Acquires TDS Global Communications Compliance Practice

July 11, 2022

IT Services

Kerv, the LDC-backed cloud and digital transformation services provider, has acquired the Communications Compliance Practice business of TDS Global Holdings. The acquisition adds roughly 40 employees, strengthens Kerv's FCA-regulated compliance capabilities for Tier 1 banks and global financial services clients, and expands its managed compliance services delivered from London and a 24-hour operations centre in Cardiff.

Bridgepoint Development Capital Acquires Majority Stake in Kerv Group

January 24, 2024

IT Services

Bridgepoint Development Capital IV has made a strategic majority investment in cloud and digital services provider Kerv Group, with existing backer LDC exiting while rolling part of its stake and reinvesting £30m. The capital will support Kerv's continued organic growth, product sales expansion, cross-selling and further M&A as the business scales internationally.

LDC Funds £30m Merger to Create Kerv (DoubleEdge, Foehn, Metaphor IT)

July 27, 2020

IT Services

Leading UK private equity house LDC provided funding to enable a £30 million merger of DoubleEdge Professional Services, Foehn and Metaphor IT to form Kerv, a cloud-centric managed services business targeting mid-market customers. The combined business brings together capabilities in managed IT services, unified communications and contact centre solutions with management led by Alastair Mills and Mike Ing and pro forma revenues approaching £20 million and ~100 employees across the UK and Spain.

SLB Acquires Gyrodata Incorporated

October 26, 2022

Energy

SLB has acquired Gyrodata Incorporated, a global provider of gyroscopic wellbore positioning and survey technology, and will integrate Gyrodata's technologies into its Well Construction business. The acquisition is intended to improve wellbore quality, reduce drilling risk and accelerate SLB's autonomous and well-placement capabilities by combining Gyrodata's sensors and technologies with SLB's existing drilling and Neuro autonomous solutions.

One Equity Partners Acquires Kirey Group and Synergyc to Build Pan‑European IT Services Platform

May 4, 2023

IT Services

One Equity Partners completed simultaneous acquisitions of Italy-based Kirey Group and Bulgaria-based Synergyc to create a pan‑European IT services platform. The combination expands Kirey’s capabilities in workflow automation, CRM/ERP consulting, data analytics, cloud and cybersecurity and adds near‑shore delivery scale from Synergyc to accelerate geographic and capability expansion.