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DoubleEdge and Metaphor IT Merge in £30M Deal Creating Kerv for Next-gen Cloud-centric Managed Services

July 27, 2020 / Business Wire
SHARESHARESHARE

Kerv, a next-generation ‘customer-first, cloud-first’ managed services provider has launched in the UK today, created to help mid-market customers achieve successful business outcomes in a new digital era.

Leading mid-market private equity house, LDC, has provided funding to enable the £30 million merger of three highly complementary, cloud-based managed services businesses to form Kerv: DoubleEdge Professional Services (UC, voice, data, mobility and compliance); Foehn (R&D team, Cloud UC and Contact Centre provider) and Metaphor IT (Cloud Services, Digital Workspaces, and IT Managed Services).

All three businesses are delivering double-digit growth rates in their own right and the new business will drive further organic growth, as well as identify further complementary acquisitions, supported by follow-on funding from LDC.