Adapt Sold in Secondary Buyout

Jones Day London has advised funds managed by Alcuin Capital LLP as sellers in a management buyout of Adapt Group Limited backed by Lyceum Capital Partners LP for a consideration of £30 million (US$46.4 million). Adapt, established in 2001 and headquartered in London, delivers enterprise-class cloud, infrastructure management, network and data centre services to mid-market clients that operate business critical IT applications.

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