by Sharon Florentine • Oct 13, 2022

Graphite Capital has acquired IT managed services provider Digital Space. Financial terms of the deal were not disclosed.

This is technology M&A deal number 894 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

Graphite Capital, founded in 1981, is based in London, England. The company has 34 employees listed on LinkedIn. Graphite’s areas of expertise include venture capital, private equity, strong partnerships with management teams, investing for growth, digital operations, e-commerce operations, digital strategies, social media strategies, IT strategies, strategic planning, financial growth, investors, blue-chip investors, building partnerships, adding value and realising investments.

Digital Space is based in Newark, Nottinghamshire, England. The company has 242 employees listed on LinkedIn. Digital Space’s areas of expertise include integrated connectivity, security and hybrid cloud managed services, data centers, core network and network operations centers.

The acquisition will further Digital Space’s expansion and organic growth momentum, the company said.

Neil Muller, CEO, Digital Space

Humphrey Baker, senior partner, Graphite Capital

Neil Muller, CEO of Digital Space, commented on the news:

“Graphite’s expertise in the IT managed services market will prove invaluable as we strengthen and expand our core services. We see exciting opportunities for further acquisitions and consolidation in the market. We are also looking to develop targeted sector-specific propositions and to build on our partner relationships.”

Humphrey Baker, senior partner, Graphite, added:

“Neil has built an extremely strong management team and an attractive, well-invested platform of services. Digital Space has the potential to be a highly differentiated player in this growing and resilient market, driven by high-quality provision of critical services to private and public sector organisations in the UK.”

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