Bahrain-based global asset manager company Investcorp’s portfolio company, Calligo Holdings Limited has acquired the UK-based IT managed services and technology-led solutions provider, Network Integrity Services (NIS).
Calligo’s acquisition of NIS indicates the continuing commitment of the company to grow its expertise within the competitive market for managed data services.
The addition of NIS is firmly part of the goals of Calligo to boost its local presence across the UK while also expanding the skills and capabilities that can be made available to its customers across Europe and North America.
“We invested in Calligo because of its strong position in the highly attractive managed services and data privacy market. 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. We are delighted with how the talented team at Calligo has established the company as a global leader in the privacy-focused managed services market and continue to identify complementary acquisition targets in the current environment.”
Tarek AlMahjoub, Head of UAE and Oman at Investcorp’s Private Wealth said, “Calligo continues to deliver the growth opportunities that attracted Investcorp to the business in 2016. The deep tech market expertise of our team combined with the tenacious efforts of the Calligo management team to expand the business has yielded an impressive year of acquisition-led growth.”
Investcorp Technology Partners invested in Calligo in 2016 through Investcorp Technology Fund IV and has since invested more than $20 million in the company to drive its product growth and international expansion plans, both organically and through strategic add-on acquisitions.
Founded in 2012, Calligo is an end-to-end managed data services provider headquartered in Jersey, UK. The company’s proprietary cloud platform offers the highest levels of data privacy along with application performance guarantees, commercial flexibility, and personalized support service.
Network Integrity Services
Network Integrity Services (NIS) provide Microsoft Windows and IBM Unix computer services throughout the UK. It further offers technology-led solutions for the business needs, along with ad-hoc support services as well as proactive and reactive maintenance contracts for the customers.