Investcorp’s Calligo buys UK MSP Network Integrity Systems
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Investcorp yesterday announced that its portfolio company, Calligo Holdings Limited, the world’s first end to-end managed data services provider, has acquired Network Integrity Services (NIS).
NIS is a UK-based IT managed services and technology-led solutions provider with locations in Manchester, Birmingham, Leicester and Hemel Hempstead. Calligo’s acquisition of NIS represents its ninth in three years and fourth in 2020.
Investcorp Technology Partners, via Investcorp Technology Fund IV, invested in Calligo in 2016 and since then has invested more than the US $20 million into the company to help accelerate its product innovation and international expansion plans, both organically and through strategic add-on acquisitions.
Gilbert Kamieniecky, Managing Director and Head of Investcorp’s Private Equity Technology business said: “This latest acquisition reinforces our view that Calligo’s compelling offering and experienced management team will continue to deliver both organic and inorganic growth opportunities.” Yusef Al Yusef, Managing Partner for Investcorp Private Wealth said the acquisition serves to bolster Calligo’s credentials as a market leader in the privacy-focused managed services market and we believe the business is optimally positioned for growth.”
Yusef Al Yusef