Access "Capita buys Updata Infrastructure"
This article is part of the April 2014 issue of MicroScope: April 2014
Barely two weeks after it acquired security and managed services player Network Technology Solutions, Capita has opened its chequebook again to buy network services player Updata Infrastructure for £80m on a cash free, debt free basis. Surrey-based Updata specialises in networking and connectivity services in the public sector, and claims a vendor- and supplier-agnostic approach enables it to offer higher value, best-of-breed services to its customers. Its suppliers include BT Openreach, Virgin Media Business, TalkTalk, Level3, Easynet and Tata Communications, with key customers including Bury, Bedford and Peterborough Councils. MD Richard Bennett explained that having earned the trust of some of the UK’s “most progressive” councils, he felt that “as an SME we realised that we would struggle to continue our growth in terms of capabilities and market opportunities”. “We believe that being part of the Capita family provides both of us with the opportunity to leverage our respective domain expertise and market relationships to provide even more compelling ... Access >>>
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