KKR will acquire technology services Ensono

April 14 2021

KKR, a global investing firm, announced that it will acquire Microsoft partner Ensono from Charlesbank Capital Partners and M/C Partners.

Reuters reports KKR paid about $1.7 billion for the technology services firm. 

Ensono has grown over recent years and recently acquired Amido, a UK-based cloud consulting company. Ensono offers services around management, optimization, and modernization of IT systems, and was first acquired by Charlesbank and M/C in 2015.

KKR expects the transaction will close in 60 days subject to regulatory approval.

Charlesbank acquired Ensono from Acxiom Corp in 2015 for $190 million, according to a Reuters report .

"As we embark on our next chapter with KKR, Ensono will continue to provide clients with transformational solutions that help them operate for today and optimize for tomorrow. Our initial investors played an important role in helping us establish our business and brand and funding our growth.  With the support of KKR, we will continue to grow and invest in our future as we drive innovation to meet the changing needs of our clients. We are fortunate to be in an industry where the need for our services has not only grown but diversified into exciting new areas of potential growth," stated Jeff VonDeylen, CEO of Ensono.

"Digital transformation across industries is driving an increased need for comprehensive service providers to help simplify IT infrastructure management for enterprise clients. Ensono is a proven leader in delivering hybrid solutions for clients with complex IT environments, and we are thrilled to support the Ensono team on its next phase of growth and development," said Webster Chua, Partner at KKR, in a statement.

FREE Membership Required to View Full Content:

Become a MemberLogin
Joining MSDynamicsWorld.com gives you free, unlimited access to news, analysis, white papers, case studies, product brochures, and more, and it’s all FREE. You’ll also have the option to receive periodic email newsletters with the latest relevant articles and content updates. Learn more about us here
About MSCN Reporter

More about MSCN Reporter

Azure Services