Acora Limited
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Acora Limited - overview
Established
1989
Location
Burgess Hill, West Sussex, UK
Primary Industry
Outsourcing
About
Acora Limited is a technology services provider specializing in data and AI solutions, cybersecurity, and IT infrastructure management, helping businesses adapt to the evolving digital landscape. Founded in 1989, Acora Limited is headquartered in Burgess Hill, UK. The company offers tailored technology services and has undergone strategic shifts to enhance its offerings. The current CEO is David Rabson.
Acora has completed 2 deals, with the most recent in October 2022 when LDC acquired a minority stake from Palatine Private Equity, the financial terms of which were not disclosed. Acora offers a comprehensive suite of business technology services tailored for the modern digital landscape. The company's core offerings include full-stack data and AI solutions, cybersecurity services, intelligent applications, cloud and infrastructure management, and end-user support. These services are designed to enhance operational efficiency and resilience for businesses navigating the complexities of AI and cybersecurity.
Acora primarily serves a diverse clientele, including enterprises across various sectors seeking to modernize their IT infrastructure and harness the power of AI technology. The markets Acora operates in include the United Kingdom, Europe, and North America, where they deliver solutions aimed at driving innovation and economic impact for their customers. In the most recent fiscal year of 2021, Acora reported a revenue of USD 42. 70 mn and an EBITDA of USD 4.
78 mn. The company generates revenue through structured business transactions including service subscriptions, managed services agreements, and consultancy fees, allowing flexibility based on client requirements and project complexity. Acora Limited plans to leverage its recent acquisition by LDC in October 2022 to bolster its strategy of innovation, organic growth, and potential acquisitions. The company aims to develop new products that cater to emerging market needs and expand into additional markets across Europe and North America.
These initiatives will be supported by the resources gained from the recent investment, enabling Acora to enhance its service offerings and market presence.
Current Investors
Palatine
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Data Centers, Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity, Application Integration Software, Monitoring & Security Software, Storage Management Software
Website
www.acora.com
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Acora Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Elastacloud Limited | - | ||||||||
| Secondary Buyout | Completed | Acora Limited | - | ||||||||
| Add-on | Completed | M9 (IT) Limited | - | ||||||||
| Add-on | Completed | Westgate IT Limited | - | ||||||||
| Buyout | Completed | Acora Limited | - |
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