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Node4 Announces Acquisition Of Tnp To Significantly Expand Its Breadth Of It Service Capabilities

Jul 20, 2021about 4 years ago

Acquiring Company

Node4

Acquired Company

TNP

Description

Node4, a leading cloud-led Managed Services Provider (MSP), today announced the acquisition of TNP (The NAV|365People), a leading Microsoft Dynamics 365 partner. The acquisition is Node4’s largest to-date and the first since the recent announcement of Providence Equity Partners as its new principal investor. The terms of the transaction were not disclosed.

Company Information

Company

Node4

About

Node4 provides advanced, cloud-led digital solutions that empower UK businesses to do more. Delivering end-to-end hybrid solutions, Node4 draws upon its broad portfolio of managed public and private cloud, security and collaboration services, as well as cloud enablers including colocation and connectivity. Modular solutions, along with transformation services, are designed to support businesses at any point in their cloud journeys. Committed to exceeding customer aspirations, Node4’s teams combine technical expertise, innovation and Exceptional Service as a Standard to meet businesses’ needs in any sector. Thanks to Node4’s fully-owned infrastructure, best-in-class integrated tooling, and strategic relationships with market-leading vendors, customers can expect access to a full range of sophisticated, scalable solutions. Node4 has nationwide capabilities, with its own data centres in Derby, Leeds and Northampton, and points of presence in London, Manchester and Edinburgh. This reach enables Node4 to provide business critical IT services to over 1,200 customers across the UK. Key to Node4’s success is its friendly, supportive culture, with Great Place to Work® ranking it as one of the UK’s Best Workplaces™. www.node4.co.uk

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed