Ensono latest to be snapped up in investment drive across the channel

Just a few days after it made an acquisition, Ensono has itself become the subject of M&A activity, with investment firm KKR tabling a reported $1.7bn bid for the firm.

KKR has signed a definitive agreement to acquire Ensono from Charlesbank Capital Partners and M/C Partners, with the deal expected to close in the next 60 days.

The deal marks an end to the six-year ownership of Ensono by Charlesbank and M/C Partners and comes just 10 days after Ensono struck a deal to acquire cloud consultancy Amido.

“As we embark on our next chapter with KKR, Ensono will continue to provide clients with transformational solutions that help them operate for today and optimise for tomorrow,” said Jeff VonDeylen, CEO of Ensono.

“Our initial investors played an important role in helping us establish our business and brand and funding our growth. With the support of KKR, we will continue to grow and invest in our future as we drive innovation to meet the changing needs of our clients. We are fortunate to be in an industry where the need for our services has not only grown but diversified into exciting new areas of potential growth,” he added.

On the KKR side, the rationale for the deal is to join with a business that is involved in the managed services and digital transformation spaces.

“Digital transformation across industries is driving an increased need for comprehensive service providers to help simplify IT infrastructure management for enterprise clients,” said Webster Chua, Partner at KKR. “Ensono is a proven leader in delivering hybrid solutions for clients with complex IT environments.”