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FinanceProvidence Equity invests in UK communications and IT provider SCG
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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 including mobile, broadband, cloud communications, and cyber security. The investment was reported by PE Hub, a news source focused on private equity deals. The financial terms of the transaction were not disclosed in the article. This move highlights continued private equity interest in the UK's SME-focused technology and telecommunications sector.
Source report
SCG supports approximately 35,000 UK small and medium-sized businesses through mobile, broadband, cloud communications, and cyber security services.
This article originally appeared on PE Hub.
Source
PE HubWestern
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Providence Equity Invests in UK Communications and IT Provider SCG