Business: Adapt is a leading independent IT managed services provider, with a focus on co-location and data hosting, connectivity and Internet, managed services, and cloud services. We backed the MBO of MNET (subsequently rebranded as Adapt) from a family-controlled office services company. Existing management provided a material amount of equity funding to the transaction, and Core's funding was largely provided as a mezzanine loan. Core successfully exited its mezzanine investment in Adapt following the completion of a £30m acquisition backed by Lyceum Capital.
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $46.27M
Founded date: 2001
Investors 1
| Date | Name | Website |
| - | Core Capit... | core-cap.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 04.10.2011 | - | $46.27M | - |
Mentions in press and media 5
| Date | Title | Description |
| 15.01.2013 | Moneycorp Selects Adapt For Next-Level Virtualisation | Adapt’s Enterprise Virtual Data Centre Will Host Leading Foreign Exchange Services LONDON – January 15, 2013 – Adapt, the independent IT managed services provider, has announced that Moneycorp, the UK’s foreign currency & payments speci... |
| 12.12.2012 | Adapt And Orbian Secure Second Award Victory | Companies win Cloud Project of the Year category in the Tech Success Awards 2012 LONDON – December 12, 2012 – Adapt, the independent IT managed services provider, has won the award for ‘Cloud Project of the Year’ alongside its customer Orbi... |
| 20.09.2012 | Adapt And OCS Group Win Gold At The 2012 Techworld Awards | Companies named joint winners of Enterprise Project of the Year category LONDON – September 20, 2012 – Adapt, the independent IT managed services provider, has become the joint winner of an award for Enterprise Project of the Year as a resu... |
| 17.04.2012 | Adapt Acquires eLINIA | Acquisition combines deep technical expertise and excellent customer service to offer the broadest range of bespoke IT managed services LONDON – April 17, 2012 – Adapt, the independent IT managed services provider, has today announced that ... |
| 04.10.2011 | Adapt Receives £30M Investment from Lyceum Capital | Adapt, a London, UK-based managed IT services provider, has received a £30m investment from Lyceum Capital. Founder Peter Knight has reinvested alongside Lyceum. The company intends to use the proceeds to grow organically and through acquis... |