TiG, one of the UK’s leading Cloud, Data Analytics and Managed Services providers to the financial services sector, has acquired ThirdSpace, a UK-based provider of Microsoft Identity and Cyber Security solutions.

The combined proposition delivers a fully comprehensive suite of services based on Microsoft technology, for organisations that demand secure modern working and digital transformation.

The group now boasts over 210 employees providing advanced Azure transformational solutions, data analytics, 24/7 managed services, as well as the latest Sentinel and SOC solutions to identify and respond to critical security threats.

TiG secured GBP6 million investment from BGF – the UK and Ireland’s most active investor – in 2018 to support the business’s organic growth and acquisition strategy. To facilitate this latest merger with ThirdSpace, TiG has now announced a further GBP8 million worth of follow-on funding from BGF.

Read more/Source: Private Equity Wire