adept4

Warrington, United Kingdom Founded: 2006 • Age: 20 yrs Listed Acquired By Pinnacle Technology Group
Managed IT services are delivered in the UK by Adept4.

About adept4

adept4 is a Technology company based in Warrington (United Kingdom) founded in 2006, and was acquired by Pinnacle Technology Group in May 2016. It operates as a managed IT services are delivered in the UK by Adept4. adept4 has completed 2 acquisitions, including Ancar B Technologies and CloudCoCo. adept4 offers products and services including Managed Services, Professional Services, Cybersecurity, Cloud Services, and Hardware and Software. Its focus areas include Business Services, IT Services, Application Development and Software Development. Its legal entity is CLOUDCOCO GROUP PLC. Its competitors include Entrust, Standard Bank, Catalyte, AlmavivA and Hedgehog lab and 3 more; 5 of its 8 listed competitors have raised funding.

Company details

Adept4 was founded in 2006 and is based in Warrington, United Kingdom. Operations focus on the IT services sector, where managed solutions are offered, including cloud and on-premise services, backup management, software development, Office 365 implementation, connectivity, and security protection. Partnerships are maintained with Microsoft for cloud-based offerings, alongside IBM, HP, Dell, Symantec, and Cisco.

  • Headquarters Warrington, United Kingdom
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website adept4.co.uk
  • Social LinkedIn X
  • Acquired by Pinnacle Technology Group (May 2016)
  • Legal Name Cloudcoco Group Plc
  • Date of Incorporation 14 Oct, 2004
  • Jurisdiction LONDON
Operational Areas
Key Metrics

Products & Services of adept4

adept4 offers a comprehensive portfolio of products and services, including Managed Services, Professional Services, Cybersecurity, Cloud Services, and Hardware and Software.

Managed Services
IT Infrastructure

Expertly manages infrastructures and support for enhanced productivity.

Professional Services
IT Consulting

Provides strategic guidance for long-term business digital transformation.

Cybersecurity
Security Solutions

Offers tools and services to ensure business safety and compliance.

Cloud Services
Data Management

Delivers cloud-based infrastructures for improved operations and security.

Hardware and Software
IT Equipment

Customizes end-to-end services for hardware and software needs.

Funding Insights of adept4

  • Total Rounds 5
  • Last Round Debt – Conventional β€” $7.35M
  • First Round $4.17M

    (Feb 2013)

  • Investors Count 1

All 5 funding rounds of adept4 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2016$7.35MDebt – Conventional––
Feb 2016$6.93MPost-IPO––
–
Apr 2015$1.31MPost-IPO––
–
Feb 2014$750,063Post-IPO––
–
Feb 2013$4.17MPost-IPO––
–
Valuation history

2 investors in total: 2 institutional.

Investors in adept4

adept4 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pinnacle Technology and BGF.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
–bgf.co.ukBelfast, United Kingdom
Pinnacle Technology is focused on providing DNS security solutions.
2004pinnacletechnology.co.ukNorthampton, United Kingdom
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Investor details for adept4

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People of adept4

17 people are tracked at adept4 (7 in leadership, 2 in board & advisors, 8 in team).

NameRoleGroup
Peter N.
Managing DirectorLeadership
Mark Kettle
Head of Database SupportLeadership
Darron Giddens
CFOLeadership
Graham Collinson
Commercial DirectorLeadership
Darren Weston
Group Operations DirectorLeadership
Paul Hargrave
Head Of MobileLeadership
Tony Hinds CDCMP
Head Of Datacentres and Core NetworkLeadership
Simon Duckworth
Non-Executive ChairmanBoard & advisors
Andy Mills
Non-Executive DirectorBoard & advisors
Darren Kenton
3rd Line Cloud EngineerTeam
Lauren Quick
Account ManagerTeam
Andrew Scott
Account ManagerTeam
Michelle Beddoes
Commercial ServicesTeam
Phill Hopkins CSIS
3rd Line Advanced Technical support EngineerTeam
Rob Tate
Telecoms EngineerTeam
Paul Blackwell
Technical Solutions EngineerTeam
Mark Dale
Senior Account ManagerTeam
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Investments & Acquisitions by adept4

adept4 has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ancar B Technologies and CloudCoCo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of managed IT services
cloudcoco.co.ukLeeds, United Kingdom2017Oct 2019$7.49M
Cybersecurity, cloud, cost analysis, and related services are provided.
ancarb.co.ukHeckmondwike, United Kingdom1998Jan 2016β€’β€’β€’β€’
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Complete acquisition details for adept4

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Timeline of adept4

7 dated milestones of adept4 across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded adept4 is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $4.2M.
  4. Acquisition Acquires Ancar B Technologies.
  5. Funding Latest funding round, Debt – Conventional, of $7.3M.
  6. Exit Acquired by Pinnacle Technology Group.
  7. Acquisition Acquires CloudCoCo.

Competitors of adept4

adept4 has 8 listed competitors in our database, 5 of them funded. They include Entrust, Standard Bank, Catalyte, AlmavivA and Hedgehog lab, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
entrust.com1969Dallas, United States–108
Provider of digital identity management solutions
standardbank.com1862Johannesburg, South Africa–54,558
Commercial banking services are provided across 20 African countries.
catalyte.io2000Baltimore, United States$12.86M282
Contract talent is discovered, developed, and deployed via AI platform.
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
enable.com2016–$274.4M–
B2B rebate management is enabled via a SaaS platform.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
unicorn.com1990Prague, Czech Republic$6M–
Software development services are provided by Unicorn in Prague.
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Detailed competitors of adept4

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Top companies in IT Services & Operations

10 companies that operate in the same segment as adept4 (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M–1,898
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B5,196
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B–7,596
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Related news about Adept4

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Frequently Asked Questions about adept4

adept4 was founded in 2006 and raised its 1st funding round 7 years after it was founded.

adept4 is headquartered in Warrington, United Kingdom. It is registered at Warrington, England, United Kingdom.

Adept4 was founded in 2006 and is based in Warrington, United Kingdom. Operations focus on the IT services sector, where managed solutions are offered, including cloud and on-premise services, backup management, software development, Office 365 implementation, connectivity, and security protection. Partnerships are maintained with Microsoft for cloud-based offerings, alongside IBM, HP, Dell, Symantec, and Cisco.

adept4's top competitors include Entrust, Standard Bank and Unicorn.

adept4 offers Managed Services, Professional Services, Cybersecurity, Cloud Services, and Hardware and Software.

adept4 has made 2 acquisitions, including Ancar B Technologies, and CloudCoCo.

adept4 has 2 investors. Key investors include Pinnacle Technology, and BGF.

adept4 operates through Cloudcoco Group Plc.

Yes. adept4 was acquired by Pinnacle Technology Group in May 2016.

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