Alantra advises 3Cloud and Gryphon Investors on the acquisition of Applied Cloud Systems



Jul 2020
Buy-side advisory

San Francisco – Alantra, a leading global investment bank and asset management firm, is pleased to announce it has advised 3Cloud, a leading Microsoft Azure services firm and portfolio company of Gryphon Investors, on the acquisition of Applied Cloud Systems, a Microsoft cloud technologies consultancy. The transaction closed on July 30, 2020 and the deal value was not disclosed. Alantra acted as exclusive financial advisor to Gryphon Investors and 3Cloud.

Applied Cloud Systems is a Microsoft Managed Gold Partner and Azure cloud platform services provider with a vertical focus on higher education and health care institutions. The combined firm will be one of the largest and most experienced pure-play Azure services providers in the US.

Renee Shaening and Michael Lenoce, Managing Directors advising Gryphon Investors on the acquisition, joined Alantra in early 2020 as a Public Cloud Services specialist team. “This acquisition marks the tenth deal our global team has done in the public cloud services and software sector over the past two years, positioning Alantra as the clear leader in advising companies in this sector,” said Ms. Shaening. “We expect this momentum to continue as companies realize the flexibility, product and service improvement and operational efficiencies that come from investing in digital transformation.”

“The transaction expands our deep experience advising businesses that operate within the wider Microsoft cloud ecosystem,” said James Chapman-Andrews, Partner in Alantra’s London office and UK Head of Technology. “Globally, we are continuing to see high demand from both strategic and private equity acquirers for high quality, resilient businesses operating in the public cloud services space and we expect to see sustained M&A and strong valuations in the sector over the next 12-18 months,” he concluded.

The Alantra team advising Gryphon Investors on this acquisition included Ms. Shaening (San Francisco), Mr. Lenoce (New York), and Joe Nau (Associate, Boston).

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