Creative ITC secures a significant minority investment from LDC
Deal Flash
Creative ITC, one of the UK’s leading managed services providers, has sold a significant minority stake to UK private equity firm LDC, a move that will help Creative ITC to continue its ongoing growth strategy, accelerate into new markets and build product capabilities.
Headquartered in London, and with a global data center and operating footprint, Creative ITC leads the UK market in the provision of high-power cloud computing solutions to the global architecture, engineering and construction (AEC) sector. Creative ITC delivers specialist and mission-critical cloud infrastructure solutions, including its desktop-as-a-service (DaaS) offering, and sophisticated data storage and backup/recovery products.
We’re thankful to Oaklins Cavendish for all their support in helping us to navigate this transaction as we enter the next stage of our business growth journey. The team’s expertise and hard work have paid off to deliver an outcome we are delighted with, and we’re excited for the promising future ahead.KEITH ALI, CEO, CREATIVE ITC, UNITED KINGDOM
Oaklins played an important role in making this deal happen
Oaklins Cavendish advised Creative ITC on its sale of a minority stake. The team had a thorough and detailed understanding of the business and the shareholders’ objectives, ensuring the right potential investors were approached as part of the marketing phase. To drive value, it was important to favorably position Creative ITC’s full-suite service offering, high levels of recurring revenue across its managed services and strong growth trajectory.
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