Node4 Acquires Virtual Private Cloud Provider Secura to Further Enhance its Managed Cloud Offering
May 15, 2019Node4, the UK-based hybrid cloud, data center and communications managed
services provider, has today announced it has acquired virtual private cloud
provider, Secura. The fifth and largest acquisition made in Node4’s history,
will see Secura become part of its already comprehensive portfolio of services,
and strengthen its managed cloud hosting offering to the Software-as-a-Service
(“SaaS”) market.
Through its secure, scalable virtual private cloud offering, Secura has built
an impressive presence in the independent software vendor (ISV) market, with
over 70% of its customer base operating in this vertical. The deal presents a
huge opportunity for both Node4 and Secura to enhance the range of services
they offer to both existing and new clients. Secura customers will benefit from
Node4’s broader range of services including database and DevOps management via
Node4’s N4Stack division, as well as accessing Node4’s enterprise grade infrastructure
service.
The acquisition of Secura, which was recently named VMware’s VCPP Cloud Partner
of the Year 2019, will provide Node4 with a market-leading cloud offering to
the SaaS vertical, and add within the region of 35 highly skilled employees and
over 110 customers. Node4 will also benefit from Secura’s rapidly growing Azure
Public Cloud services which complements the significant investment Node4 has
made in its N4Stack Azure offering. Led by its highly experienced executive
team, Secura has achieved impressive organic growth rates of over 40% year on
year and is forecast to hit close to £5m of revenues for their year ending June
2019. With the addition of Secura, Node4’s total annualized run-rate revenues
will be close to £55m with £20m coming from cloud services.
The Secura management team will remain with the business and continue to
deliver on their proven growth strategy with the support of Node4. The
acquisition also comes at a time where Secura has recently increased its
presence in Manchester with the opening of a new office, a key geographic
region where Node4 has been looking to expand its footprint. Together they see
a major opportunity for a range of customers across the North West to benefit
from their exceptional range of value-added services.
“We are delighted to welcome Secura to the Node4 family and look forward to
working together to offer our customers a wider range of services,” said Andrew
Gilbert, Node4, CEO. “We’ve worked hard to find a business that is aligned with
us both strategically and culturally and believe that Secura ticks all the
right boxes for us. As we look to continue to grow Node4, it is important to
work with those who can complement our offerings, and this is being achieved by
adding Secura’s services to our portfolio.”
“We are tremendously excited to be acquired by Node4,” said Secura CEO, Ollie
Beaton. “Node4 and Secura are a fantastic fit and we can see huge benefits for
all our customers in the expanded range of solutions and expertise we can
offer. Node4 has really exciting growth plans for the managed cloud hosting
market and we’re delighted to be part of them.”