Acquisition of UKCloud provides substantial new investment, paving the way for ambitious growth and a fresh strategic vision centred on assembling a portfolio of businesses able to capitalise on the strong demand for ethical, sustainable digital transformation across the UK.
London – 21st January 2022 – UKCloud, the multi-cloud experts dedicated to making transformation happen across UK public sector, has today announced its acquisition by Hadston 2 Limited, an investment vehicle led by well-known entrepreneur and UKCloud Chairman, Jeff Thomas, and backed by existing institutional investors including BGF Group plc and Digital Alpha.
The acquisition, which is subject to the National Security Investment Act, combines UKCloud’s significant digital footprint and leading sovereign offering – including multiple cloud technologies spanning six UK data centres and supporting multiple security classification levels – with…