Hadston 2 has got the nod to buy the MSP UKCloud under the National Security and Investment Act.
For those not in the know, Hadston 2 is a newly created special-purpose investment company led by entrepreneur and UKCloud Chairman Jeff Thomas and backed by existing institutional investors including BGF and Digital Alpha.
The partner says the “significant” new investment will allow it to begin executing its strategic plan, while “redoubling its commitment to the UK’s technology sector”.