Advania Acquires Content+Cloud from ECI
December 9, 2021
Advania has agreed to acquire UK Microsoft partner Content+Cloud from private equity firm ECI, with the transaction expected to close in December 2021 and generating a reported 4.1x return for ECI. Content+Cloud, backed by ECI since 2016, operates as a managed services and digital transformation provider across Microsoft clouds with roughly 800 employees across UK offices and Cape Town.
- Buyers
- Advania
- Targets
- Content+Cloud
- Sellers
- ECI
- Industry
- IT Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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