M&A Finance / Acquisition

Connectus Business Solutions and KTSL have merged to create the Connectus Group which is expected to deliver revenues of more than £10m in its first year.

UKCloud has received approval for its acquisition by Hadston 2 under the National Security and Investment Act.

Barracuda Networks has changed ownership as KKR buy the cybersecurity vendor from Thoma Bravo.

Content+Cloud has acquired IT service provider Azzure IT to increase its Microsoft Dynamics practice four-fold.

Kaseya has acquired Datto in an all-cash transaction worth $6.2bn. The deal is an “important validation of the channel”, according to Datto CEO Tim Weller.

Incovo has acquired Edinburgh-based RGB Solutions to enhance its IT service offering and increase its presence across Scotland’s Central belt.

Prime Networks has expanded its reach with the acquisition of Farnham-based MSP TNSC.

SysGroup has created a presence in Scotland with the acquisition of Edinburgh-based Truststream Security Solutions. The buy also enhances SysGroup’s service offering, from threat analysis to detection and incident response.