Story · United Kingdom
Providence Equity Invests in SCG, UK Communications and IT Provider
Providence Equity, a private equity firm, has made an investment in SCG, a UK-based communications and IT provider. SCG serves approximately 35,000 small and medium-sized businesses across the United Kingdom, offering services such as mobile, broadband, cloud communications, and cyber security. The investment highlights continued private equity interest in the UK's SME-focused technology and telecommunications sector. The deal was reported by PE Hub, a news source covering private equity transactions. No financial terms of the investment were disclosed in the article.
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