SCC owner Rigby Group’s smaller MSP business, CloudClevr, says it’s secured the funding needed to fuel further acquisitive and organic growth.
The £32m-revenue outfit today announced it has bagged a long-term funding agreement with NatWest.
Built on four quickfire acquisitions (in the shape of NGC Networks, 4Sight Communications, Bamboo Technology and Twisted Fish), CloudClevr hasn’t made an acquisition since April 2024. It ranked 157th in Oxygen 250 2025.
The new “flexible financing structure” is designed to assist CloudClevr with strategic acquisitions alongside organic growth.
CloudClevr is backed by Rigby Group’s Rigby Technology Investments arm, which also owns unified comms distributor Nuvias UC (as well as a stake in Infinigate).
The MSP’s revenues widened from £19m to £32m in the year to 31 March 2025, as the wider Rigby Group’s top line rose 3% to £3.8bn.
“This agreement represents a new chapter for CloudClevr,” CEO Steve Harris stated.
“We’ve built a strong foundation – bringing together great teams, integrating systems, and creating a platform for scale. Now we move forward with a clear focus: sustainable growth, continuous innovation, and exceptional service.
“NatWest’s partnership gives us the flexibility and confidence to continue executing our strategy and delivering value for our customers.”
Imran Khatib, Deal Lead UK Structured Finance of NatWest, added: “This new flexible financing structure provided to CloudClevr will assist facilitating the next phase of their growth journey in carrying out strategic acquisitions alongside organic growth on their journey to become a leading UK based cloud and IT managed services provider.
“NatWest is proud to have partnered with CloudClevr and Rigby Technology Investments, supporting our position as a leading bank to TMT businesses across the UK.”
