Node4 acquires K3’s Starcom Technologies
Cloud-led digital transformation Managed Services Provider (MSP) Node4, has today announced it has acquired Starcom Technologies Limited, the MSP division of K3 Business Technologies Group (K3).
The acquisition will see Starcom Technologies become part of Node4’s comprehensive portfolio of services, further adding to its capability of delivering enhanced cloud managed services throughout the UK.
It also expands the company’s operational presence with offices in Scotland, the North West and South East England.
The largest acquisition by headcount in Node4’s history will see Starcom Technologies’ 80 plus highly skilled employees join Node4, along with Managing Director, Neil Farnworth, Director of Hosting Services, Steve Donaghue, Director of Technical Services, Darren Harrison, and Sales Director, Stuart Buckley.
“Welcoming Starcom Technologies, its management team and entire employee base to the Node4 family is an important step for both organisations in our shared mission of helping businesses on their journey to the cloud and digital transformation,” said Andy Gilbert, CEO at Node4.
“As a fast-growth business, keeping our core values at the centre of what we do is crucial, and we worked hard to identify an organisation that would compliment and enhance both our service offering and company culture.”
Node4 was supported on the transaction by its investor Bowmark Capital and advised by Pinsent Mason LLP (Legal), EY (Vendor Financial and Tax Due Diligence) and Deloitte (Tax DD and Structuring). Starcom Technologies was advised by Spectrum Corporate Finance.