Palatine Private Equity has backed Acora, a managed IT services provider, as it looks to expand its service capabilities through a buy-and-build strategy.
Acora has traded for more than 25 years, providing a range of IT support and cloud solutions to help mid-market organisations modernise infrastructure and operate in the digital economy. It offers a full service suite, from service desk through to cloud transformation and ongoing managed service of cloud applications and infrastructure.
David Rabson, CEO of Acora, acquired the business through a management buyout in 2008. Since then, the business has developed from a traditional service desk provider with a regional presence to a UK-wide organisation with a 300-strong multi-national client base and headcount in excess of 300. Acora operates three service centres in West Sussex and the West Midlands, with a sales office in Central London and a small number of staff across mainland Europe and the US. read the rest here