MSP receives new investment from Providence Equity Partners
Derby-headquartered Node4 has a new private equity owner in the form of Providence Equity Partners. The MSP was previously owned by PE firms Bowmark Capital and LDC, who have realised their investments with the sale. It recently ranked #79 in CRN's Top VARs 2020 with revenues of £51.8m. Under Bowmark and LDC, Node4 underwent "significant" investment into its people, systems, skills and product portfolio which it claims has set it up to capitalise on the opportunity for cloud-led digital transformation.