We’re pleased to have supported BGF-backed Celerity, a leading provider of hybrid cloud and IT managed services, in its acquisition of Ranger4 as it continues to deliver strong growth and expansion.
Founded in 2011, Ranger4 is an IBM AI and automation software specialist, delivering enterprise solutions to help organisations reduce cost and guarantee customer service levels and performance.
Since its launch in 2002, Celerity has established itself as a market leader in intelligent cybersecurity, data protection, and data visualisation services. Following a significant investment from growth capital investors BGF in 2021, the company has achieved accelerated growth driven by service diversification, strategic partnerships, and complementary acquisitions. As part of the deal, two key directors – Malcolm Namey and Steve Green – will continue in the business to head up the Automation and AI Sales Team.
Our Private Equity team, led by Partner David Mkhitarian and Legal Director Olivia Jones acted as lead legal advisors to Celerity.
Advising Celerity on this acquisition marks another important step in its growth journey and reflects the strength of the platform the business has built since BGF’s investment. It’s a pleasure to have advised the business as one of a number of BGF related investments we have supported in recent weeks.Olivia Jones
Legal Director at Hill Dickinson
Craig Aston, CEO at Celerity, said: “It’s fantastic to announce our acquisition of Ranger4 as we continue to create value and scale for our clients and team. Ranger4 is an ideal culture and capability fit for Celerity and the team has built an impressive client list. This is another significant milestone for Celerity as we invest in expanding Celerity’s Automation and AI Sales team and we’re energised by the growth potential of this and our wider business in the years ahead.”
Olivia Jones, Legal Director at Hill Dickinson, said: “Advising Celerity on this acquisition marks another important step in its growth journey and reflects the strength of the platform the business has built since BGF’s investment. It’s a pleasure to have advised the business as one of a number of BGF related investments we have supported in recent weeks.”