- James Cross, Colibri’s founder and CEO, will head Nasstar’s enlarged data engineering services business
- Mayfair Equity backed the management buyout of Nasstar in 2018
- Mayfair Equity has over £1bn in assets under management
Nasstar, backed by Mayfair Equity Partners, has acquired Colibri Digital, a high-growth enterprise cloud solutions firm. No financial details of the transaction were disclosed.
Colibri Digital is an AWS and Azure partner delivering specialist technology consultancy services. The firm is headquartered in Welwyn, England.
This transaction will expand Nasstar’s data engineering capabilities, and further strengthen Nasstar’s position as a strategic partner to enterprise firms driving a digital transformation agenda, according to a release.
James Cross, Colibri’s founder and CEO, will join the executive team and head Nasstar’s enlarged data engineering services business, the release stated.
“The appetite for digital transformation is accelerating. To capture the opportunity, we plan to grow our existing digital application and data offerings and augment our technology capabilities through big data interpretation and organisation,” said Nasstar’s CEO, Paul Cosgrave.
Mayfair Equity backed the management buyout of Nasstar in 2018.
Mayfair Equity, based in London, is a dedicated sector investor, with over £1 billion in assets under management.
Nasstar is a UK cloud and communication services firm, with an integrated suite of services. The firm is based in Poole, Dorset. Nasstar reported revenues of £200 million, over 30 perecent year-on-year growth in FY22.