Thu, 02 Sep 2021 | BUSINESS SALE
Capital Network Solutions (CNS), a consultancy and managed IT services firm in the cloud, cybersecurity and infrastructure space, has been acquired by cloud transformation provider Flow Communications.
The acquisition forms part of Flow’s buy and build strategy, through which it is looking to become a leading provider of secure cloud transformation utilising expertise in cloud, networking and data centers.
CNS is a CREST Penetration Company and one of the UK’s leading IASME Cyber Essentials Certification Bodies, having issued over 3,000 certificates. The firm is also a managed services provider, offering networking, cloud and cybersecurity solutions from its Vale of Glamorgan-based Secure Operations Centre (SOC).
Post-acquisition, CNS Managing Director Sarah Edwards will coordinate the integration of the two firms, while CNS’s Director of Cybersecurity and Networks will join Flow as its new Group CTO.
Discussing the acquisition, Sarah Edwards said: “Mark and myself are very excited about joining the Flow Group and the fantastic opportunities it brings to our customers and staff through the combined services and skills of both companies.”
Mark Edwards added: “I am excited to be joining the Flow team and have access to the additional skill set from the expert team at Flow. The acquisition allows us to scale at pace with our clients and gives us a greater ability to develop transformational propositions.”
Flow’s buy and build strategy is part of a transformation at the business being led by CEO Etienne Greeff and CRO Michael Gowen. Greeff said of the CNS acquisition: “The acquisition brings the combination of cloud, networking, data centre and cybersecurity skills together providing SMART and efficient solutions addressing the problems businesses are facing, while delivering clear results.”
He added: “This is just the start of our buy and build strategy, I am excited for what the next 18-24 months will bring. The acquisition of CNS brings a wealth of skills to our existing team of experts.”
Advising CNS on the deal was GS Verde Group. CEO Nigel Greenaway commented: “We were delighted to advise on the acquisition of Capital Network Solutions by Flow Communications. CNS are a great business with an excellent reputation, and the acquisition supports Flow’s buy and build strategy as they grow throughout the UK.”
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