Cloud MSP Node4 makes 'largest ever' acquisition
Microsoft Gold partner TNP will 'bring a wide range of complementary skills' to Node4, company says
Cloud MSP Node4 has acquired Microsoft Dynamics 365 partner TNP, its first since receiving new private equity backing earlier this year.
The deal represents Derby-based Node4's largest ever acquisition after being acquired itself by Providence Equity Partners in March.
Node4 was previously owned by PE firms Bowmark Capital and LDC.
TNP sells, implements and supports business solutions based upon Dynamics 365 Business Central, Power Apps and Power BI and is the "largest pure-play Microsoft partner in the UK in this market segment", according to Node4.
"TNP is a hugely impressive organisation and this acquisition is an important part of our ongoing growth strategy," said Andrew Gilbert, CEO of Node4.
"Everything from its leadership and team to culture and capabilities resonates with the approach we have here at Node4. They have an ambitious and compelling organic growth plan in an important segment of the technology industry and TNP's technical capabilities and credentials in NAV, Business Central and Power Platform ideally complement Node4's already comprehensive portfolio of services.
"We're confident that together we can deliver the market-leading end-to-end services that customers are increasingly looking for."
Node4 says the acquisition will "bring a wide range of complementary skills" to its offering while "significantly enhancing" its end-to-end managed services portfolio.
TNP will continue to operate as an individual business unit under the leadership of Paul White, executive chairman, with the support of Paul Wellingham, chief commercial officer, and Ian Humphries, founder and chief architect.
"This announcement is another exciting development in the TNP story," White said.
"It was clear from the outset that we share a common passion for delivering exceptional service and as part of Node4, we can play a major role in the ongoing growth of the Node4 business and help more customers use technology more effectively to optimise their business processes and improve productivity."