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01 Apr 2014

Capita acquires Updata

Capita has acquired IT network services provider Updata Infrastructure (UK) Limited for a cash consideration of £80m on a cash free, debt free basis.

Richard Bennett, Managing Director of Updata Infrastructure says “Updata is proud that we have earned the trust of some of the largest and most progressive Local Authorities. However, as an SME, we realised that we would struggle to continue our growth in terms of capabilities and market opportunities. We at Updata believe that being part of the Capita family provides both of us with the opportunity to leverage our respective domain expertise and market relationships to provide even more compelling managed network solutions to the Public Sector.”


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