- Sector: Cloud Managed Services; Communication & Internet Infrastructure
- Deal Type: Strategic Deals; Founder-led Businesses
- Engagement type: Sellside
- Size: $465 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Nordcloud on its sale to IBM (NYSE: IBM).
Nordcloud is the pan-European leader in public cloud services operating in 10 countries, headquartered in Helsinki. Nordcloud leverages its highly sophisticated cloud native technology skills and tools to deliver complex enterprise public cloud digital transformation and managed services. Nordcloud has completed more than 1000 public cloud client projects and is one of the few providers with top level certifications in Microsoft Azure, Google Cloud Platform and Amazon Web Services.
The acquisition of Nordcloud substantially enhances IBM’s public cloud capabilities and strengthens its hybrid cloud platform growth strategy and its cloud migration and modernization capabilities.
This transaction further demonstrates Arma Partners’ depth and experience as the leading specialist advisor to the world’s most important public cloud and digital transformation companies, highlights our excellent access to strategic buyers globally, and reinforces our strong footprint in the Nordic countries.