LDC-backed Aspire Technology Solutions Acquires CloudCoCo Limited

LDC Takes Minority Growth Stake in Aspire Technology Solutions

March 16, 2022

IT Services

LDC has made a minority growth investment in Aspire Technology Solutions in a deal that values the business at £85 million. The investment will support Aspire's organic growth, acquisition strategy and expansion of its managed IT, cloud and cyber security services across the UK; Aspire employs more than 200 people and recently opened its HQ in Gateshead.

Aspire Technology Solutions Acquires Cloud Cover IT

January 4, 2024

IT Services

LDC-backed Aspire Technology Solutions has acquired Glasgow-based managed service provider Cloud Cover IT. The deal expands Aspire's presence in Scotland and will see Cloud Cover IT's software and business applications division rebranded as "Flyte," while integrating the firm's managed services and development capabilities into the Aspire group.

Class Technologies Acquires CoSo Cloud

April 20, 2023

IT Services

Class Technologies Inc. has acquired CoSo Cloud LLC, a provider of secure private-cloud managed services, custom software applications, and professional services for federal and corporate training markets. The acquisition brings enhanced security, compliance, and managed-services capabilities to Class’s virtual classroom and workforce development platform, expanding its reach into federal agencies and enterprise customers.

LDC Invests in Creative ITC to Support Global Growth

August 1, 2024

Cloud & SaaS

LDC has made a significant minority growth investment in Creative ITC, the London‑headquartered cloud service provider for the AEC sector, to support the company’s organic and acquisitive expansion. The funding will accelerate market expansion, product capability development and enable complementary acquisitions while LDC partners join the board.

NEC Acquires Aspire Technology

July 1, 2022

Telecommunications

NEC Corporation agreed to acquire Aspire Technology Unlimited Company, a Dublin-based network solutions and systems integration firm, to strengthen NEC Open Networks' Open RAN and systems-integration capabilities. The acquisition adds expertise in designing and integrating legacy and open networks (2G–5G) and expands NEC’s capacity to serve global operators with end-to-end Open RAN ecosystems.

3Cloud Acquires Brainspire Solutions

June 1, 2023

IT Services

3Cloud, a leading Microsoft Azure services firm, has acquired Brainspire Solutions to deepen its application development and modernization capabilities on Azure. The acquisition expands 3Cloud’s Azure engineering capacity (bringing the firm to over 730 Azure experts) and strengthens its ability to deliver cloud-native application innovation for enterprise clients.