Centric acquisition by Adapt
Alcuin Capital Partners announced today that Adapt had completed the acquisition of Centric Telecom, making it one of the UK’s specialist providers of internet access and co-location to the SME market in London. Centric was previously owned by Alchemy, the leading private equity firm.
Adapt is a Managed Services company specialising in co-location, data-hosting and other telecoms services.
Adapt resells high quality co-lo capacity on behalf of Level3, Global Switch and BT to 1,000+ growing SME companies in the London area.
Alcuin originally invested in Adapt in June 2006 to support the management buy-out of the business from the Margolis Group. Since the MBO the company has grown very strongly and was ranked 25th in the 2007 Techtrack 100 survey compiled by the Sunday Times.
21st November 2023
Investment in Mar-Key GroupRead story
20th April 2023
Alcuin exits Dovetail GamesRead story
10th March 2023
Investment in Vaughan DesignsRead story
14th October 2022
Final closing of the Fifth Alcuin Fund L.P.Read story
1st August 2022
Alcuin exits the Groucho ClubRead story
1st July 2022