Divitas Bidco, the sole parent of GCI - one of the UK’s larger converged ICT service providers, has submitted a recommended cash offer for Nasstar PLC to fit alongside its existing business. Bidco is an indirect subsidiary of the Mayfair Funds.
GCI provides a consultative service backed by around 550 staff and, alongside its suite of end-to-end ICT products and services, has multiple silver and gold certifications from Microsoft. GCI management have a track record of mergers and acquisitions, having completed six material transactions in recent years, and proven experience of driving organic growth.
Nasstar and its wholly-owned operating businesses aim to provide hosted managed services and cloud computing services, integrating private and public clouds and supplying a robust, secure and stable hosted IT service to business customers. The Nasstar Group owns one of its primary data centres, is headquartered in Telford with regional offices in Northampton and Bournemouth and has 24 x 7 support delivered from its Auckland office in New Zealand. Nasstar is an accredited Microsoft Gold Partner, was the 2016 Citrix Networking Partner of the Year and is certified to ISO 27001.
It specialises in building bespoke cloud hosted services to manage a client's application set, tailor made to suit specific industries, designing public, private and hybrid cloud solutions to meet the objectives of the client. The solution aims to be a scalable service that provides benefits including "Anywhere Access" to computing and a standardised corporate solution that can be accessed globally in multiple languages.
