CloudClevr announces strategic investment in NGC Networks

Rigby Technology Investments-backed CloudClevr completes a significant investment in NGC Networks; Dean Harrop and Nikki Guest to continue as Joint Managing Directors; CloudClevr embarks on mission to create leading next generation Managed Services provider.

London and Wakefield, UK 8th June 2023. Today, CloudClevr has announced an investment in NGC Networks (NGC), a leading business communications specialist based in the north of England. This investment is the first in a series of strategic investments which will see CloudClevr emerge as a next generation Managed Services Provider focused on delivering converged Cloud, IT, and Communications services.

CloudClevr is a new venture, with majority investment coming from Rigby Technology Investments (RTI), the specialist investment business which is part of Rigby Group PLC.

NGC Networks will continue to be led by current joint managing directors, Dean Harrop and Nikki Guest, who will continue to drive growth in the northern region. CloudClevr will be supporting NGC with enhanced cloud-based propositions, investment in sales and marketing, as well as supporting the business through shared services to allow NGC to concentrate on customer management, sales and technical leadership.

Commenting on the investment, Dean Harrop, Joint Managing Director of NGC said “we are delighted to secure the investment and support of Rigby Group and to benefit from the material ambition and technology investment going into CloudClevr. It’s great for our colleagues who will benefit from being part of a growing, national business allowing them to develop and succeed in an ever-changing marketplace”.

Nikki Guest, Joint Managing Director of NGC said “our first priority is to our customers and ensuring we remain their trusted advisor in helping them navigate the growing complexity of converged IT and communications. I’m very excited about the market opportunity we have ahead and to continue building out NGC to be a powerhouse of the northern region as part of CloudClevr.”

Commenting on the investment, Steve Harris, CEO CloudClevr said “I am delighted to be working alongside Nikki and Dean. In NGC, they’ve created a fantastic business with strong potential. They have a brilliant team in place and I’m really looking forward to working with them as we start this new journey together.”

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About NGC

NGC is headquartered in Wakefield, West Yorkshire, and was formed in 2002. It serves over 800 customers providing businesses with telephony, unified communications, connectivity, mobile, contact centre solutions and managed services. www.ngcnetworks.co.uk.

About CloudClevr

CloudClevr is a cloud-based platform business focused on the SMB sector in UK and Europe and the growing convergence of the cloud, communications and IT managed services markets. Through delivering an exceptional customer experience via our own digital hub portal, CloudClevr is creating a next generation converged managed services provider. www.cloudclevr.com.

About Rigby Technology Investments

Rigby Technology Investments is a specialist funding vehicle of Rigby Group PLC, the ￡3.3bn privately owned technology bias group, one of Europe’s leading technology investors. RTI invests in high growth SMB-focused technology businesses working closely and collaboratively with ambitious business leaders and management teams, offering its unique insight into the technology sector and helping realise the full potential of the growth opportunity. www.rigbygroupplc.com.