BGF invests £4m in Skyscape

The investment will be used to increase the company's capacity, scale the business and develop its customer service offering. The fresh capital will also be used to expand in healthcare, local government and higher education.

Company
Established in May 2011, Skyscape provides cloud infrastructure services. The company focuses on assured cloud services, eliminating its customers' use of hardware or managed hosting services. It provides its services on a pay-by-the-hour system.

Headquartered in Farnborough, Hampshire, Skyscape's clients include UK public sector organisations such as the Cabinet Office, Home Office, HMRC and Ministry of Defence. The company is currently supporting 70 projects across 38 organisations and works with 100 partners.

Skyscape employs 45 people and expects to generate revenues of £10m.

People
Phil Dawson is CEO of Skyscape. James Austin is investment director at BGF and led the deal.

Advisers
Equity – Grant Thornton, Bob Alsop (Financial due diligence); Shoosmiths, Emma Gibson (Legal).
Company – Osborne Clarke, Alisdair Livingstone (Legal); Deloitte, Mark Hill (Tax).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland
• Expansion
• BGF (Business Growth Fund)
• United Kingdom