- Kingland invested in Dynamic in October 2023
- Dynamic is a managed service provider based in Leeds, England
- Kingland is a private equity firm based in London
Dynamic Networks, backed by Kingland Capital, has acquired Peak Support Solutions, a Derby-based cloud managed services provider.
Peak provides services including IT support, consulting, compliance, cyber security, cloud computing and cloud telephony.
“The acquisition of Peak is a continuation of our journey to create a market leader in IT managed service provision,” said Paul Landsman, founder at Kingland. “The business was acquired off-market and is a clear indicator of the targeted growth strategy at Dynamic since our backing in October 2023.”
Peak is Dynamic’s first acquisition within four months of Kingland’s initial investment, adding scale and capability to the group.
Dynamic is a managed service provider based in Leeds, England. It provides cloud-led managed IT support, digital transformation services, cyber security and connectivity to the SME market.
Kingland is a private equity firm based in London.
No financial details of the transaction were disclosed.