LDC's Node4 bolts on Premier IT Networks

The bolt-on was supported by LDC and is the third acquisition by Node4 since it was acquired by the GP in May 2013, having bought LETN Solutions in August 2014 and Reconnix in March this year. As a result, Node4's number of employees has more than doubled during LDC's ownership, now employing a total of 155 people.

For Node4, the buyout of Premier IT Networks will improve its geographic presence, add new sectors to its offering, and increase the company's overall IT knowledge.

Premier IT Network's staff of 17 will remain at its Westminster office, which will be incorporated into the Node4 group.

Company
Headquartered in Westminster, Premier IT is a provider of secure cloud computing services, particularly for the legal and charity sectors.

Founded in 2008, the company employs a staff of 17.

People
John Green is an investment director at LDC. Andrew Gilbert is the managing director of Node4.

Advisers
Equity – PwC (Financial due diligence); Pinsent Masons (Legal).
Company – Grant Thornton (Legal).

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