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North changes private equity hands as it acquires Data Techniques
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CEO Glen Williams tells CRN that new investor Livingbridge brings larger war chest and more M&A opportunities
North has changed private equity hands while simultaneously announcing it has acquired a connectivity specialist in the South East of the UK.
The networking and IoT specialist has taken on new investment from Livingbridge, which has acquired the business from previous investor Aliter.
North was formed in 2020 through a merger between five businesses - Boston Networks, Pinacl, Pinacl GDA, 2020 Vision Systems and PEL Services -under private equity backer Aliter Capital.
Based in London, Livingbridge describes itself as a mid-market private equity firm investing in fast growing companies valued up to £300m.