International law firm Trowers & Hamlins has advised Skye Cloud Limited on the sale of the company's business and assets to Arc (UK) Systems Limited.
Skye Cloud is a leading UK-based managed service provider with a team of specialists spanning across London and Kent. The company supports over 350 customers across the UK, US and Europe, delivering hosted/hybrid technology and infrastructure solutions to clients ranging from Premier League football clubs to major international organisations.
Arc is a PE-backed IT company that offers a wide range of services, from MSP to cyber security. This transaction represents Arc's largest acquisition to date, marking a significant milestone for the business.
The acquisition of Skye Cloud will bolster Arc's technical capabilities and ability to support clients across a wider geographical footprint. With the Skye Cloud team now forming part of the Arc family, customers can expect stellar service and access to an enriched suite of Microsoft ecosystem services, including AI-driven tools, advanced collaboration platforms, and robust data governance solutions.
Nick Harrisingh, Corporate Partner at Trowers & Hamlins, commented:
"We are delighted to have advised Skye Cloud on this significant transaction. The deal represents the culmination of Skye Cloud's growth journey and provides an excellent platform for the Arc group to scale further. The transaction demonstrates the continued strength of the UK IT services market and underscores the strategic value of specialist managed service providers in an increasingly complex technology landscape."
The Trowers team was led by Nick Harrisingh and supported by Jonathan Holloway and Sijal Dudin (Corporate), John Turnbull and Annie Drew (Employment), Anna Metham (Real Estate) and Alex Barnes (Tax).
