Databarracks acquires enterprise backup firm 4sl
Databarracks has acquired 4sl, for an undisclosed sum to create a combined company with 75 staff, including 50 data protection experts.
Peter Groucutt, Managing Director of Databarracks comments: “4sl is a company we have always admired for its expertise and skill in enterprise data protection. It is a globally recognised leader in delivering managed Commvault services, providing a gold standard of support to its customers. Getting to know Barnaby and the team, we have been impressed by how similar the cultures of our businesses are, and how much we have in common.”
Barnaby Mote, CEO and Founder of 4sl explains: “This an exciting day for 4sl and Databarracks. We’re bringing together the two top data protection teams in the UK. This acquisition will bring benefits for customers of both Databarracks and 4sl. Databarracks is now the UK’s largest Commvault Managed Service Provider.”
Bird & Bird, the London firm specialised in tech, acted on behalf of Databarracks, advised by the corporate Partner Neil Blundell, senior associate George Mason and associate Amy Farrer. Advising across Corporate M&A, Tax, Employment, Banking & Finance and Commercial.
KPMG advised Databarracks on the acquisition. Graham Pearce, Partner, commented “Never before has data resilience been so in focus as it is now. Databarracks and 4SL are two specialist market leaders and their combination will bring huge benefits to their customers and the market.”
RSM provided financial due diligence (Rob McCarthy and Stephen Grogan).
BOOST&Co assisted with the funding for Databarracks for the acquisition of 4sl and was supported by Ryan Sorby – Head of north and Scotland.