- Sector: Cloud Managed Services
- Deal Type: Private Equity Deals
- Engagement type: Sellside
- Size: <$200m
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Cloud Technology Solutions Group, a portfolio company of NorthEdge, on its majority sale to Marlin Equity Partners.
The business is one of Google’s largest and fastest growing cloud partners in Europe, helping customers to differentiate by adopting Google Cloud technology. It is comprised of two market leading businesses, CTS and CloudM. CTS works with organisations to modernise their technology stack, providing consultancy, implementation and managed services for both the Google Cloud Platform and Workspace. CloudM is a leading provider of proprietary migration and management software for Google Workspace and O365.
Marlin’s investment will be the catalyst for the next stage of the business’s ambitious growth journey, further strengthening its leading position in the European market. NorthEdge Capital, who first invested in the business in 2018, will invest alongside Marlin as a minority partner.
This transaction further demonstrates Arma Partners’ global leadership as the financial advisor of choice to the world’s most innovative public cloud and digital transformation services companies, and highlights our specialised experience in the Google Cloud ecosystem.