6. Saepio Solutions acquired by tech investor duo
When: April
Magnitude
We understand that Saepio turns over somewhere in the region of £35m. Founded in 2016 by former Softcat execs Rob Pooley and Andy Pitt, it featured in the recent Oxygen Fast-Growth 50.
Rationale
Fast-growing cyber specialist Saepio sold a majority stake to tech investors Amir Nooriala and Daniel Cardenas-Clark in April.
The management buy-in is designed to propel Saepio through the next phase of its growth, which will see it target larger customers, open new offices and expand internationally, Nooriala told IT Channel Oxygen.
Nooriala and Cardenas-Clark became Co-CEOs, with Pooley and Pitt staying on as board members and shareholders.
What the CEO said
“We were very much focused on finding a company in [the cyber services] space that had top decile levels of customer satisfaction. All the research we did pointed to Saepio.”
Fun fact
Cardenas-Clark’s portfolio company, Credit Kudos, was in 2022 acquired by Apple for a reported $150m.
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