Kerv Acquires cloudThing

May 6, 2021

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.

Buyers
Kerv, LDC
Targets
cloudThing
Platforms
Kerv
Industry
IT Services
Location
England, United Kingdom
Transaction Type
Addon

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