
Adapt
Managed services and datacentre colocation business.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Adapt was a managed services and datacentre colocation provider based in London. The company focused on serving high-growth e-commerce and financial services companies.
In 2006, Alcuin Capital Partners backed a management buyout from the original founder shareholders to support the company's expansion and finance the development of new sites. Under Alcuin's ownership, Adapt experienced consistent growth in sales and was listed in the Sunday Times Tech Track 100 as one of the fastest-growing TMT businesses in the UK for four consecutive years. The company expanded in 2008 by acquiring a large managed services competitor. In 2011, Adapt was sold to a larger private equity firm. Ultimately, Datapipe, a US-based managed cloud services provider, acquired Adapt in August 2016 to increase its scale and service capabilities in the United Kingdom and the broader European market.
Keywords: managed services, datacentre colocation, cloud services, IT infrastructure, ecommerce solutions, financial services IT, data management, cloud hosting, managed hosting, IT outsourcing, network services, data security, tech track 100, private equity, acquisition, London tech, European market expansion, hybrid cloud, AWS services, Azure services