Secured new long-term funding to support CloudClevr’s next stage of growth

Transaction

Acquisition finance

Undisclosed

Role

Adviser to Rigby Technology Investments-backed CloudClevr on raising acquisition finance

Sector

Business Services

Region

We have advised CloudClevr, a cloud and IT managed services provider backed by Rigby Technology Investments, part of Rigby Group PLC, on its long-term finance agreement with NatWest to support the company’s next stage of growth.

CloudClevr is a UK-based converged managed services provider delivering secure, efficient, and modern technology services across cloud, IT, communications, mobile, and network services. Backed by Rigby Technology Investments, part of Rigby Group PLC, CloudClevr brings together four specialist businesses under one brand to provide insight-led solutions for UK organisations.

The funding package provides facilities for both organic development and future acquisitions, reflecting continued confidence in CloudClevr’s strategy to deliver converged IT, communications, and cloud services to UK businesses.

Formed through a series of strategic acquisitions, CloudClevr has successfully integrated its operations, systems, and customer experience under one unified brand. The business now delivers a scalable national platform supported by proprietary technology, including its Clevr360 platform, providing customers with visibility, control, and insight across their IT and cloud environments.

NatWest’s partnership provides the financial strength and flexibility to move confidently into this next phase, and we’re grateful to Clearwater for their support in securing this outcome.

This marks the beginning of the next chapter for CloudClevr. Our initial focus was on bringing together the right capabilities and people to build a unified managed services provider capable of meeting modern customer needs. Having achieved that, we are now positioned for sustainable growth, combining strong organic performance with carefully selected acquisitions.
Steve Harris, CEO, CloudClevr

This financing agreement underlines the strength of CloudClevr’s journey so far, and reflects the strong foundations now in place within CloudClevr, driving confidence for its future. With NatWest’s support and the ongoing backing of Rigby Group, CloudClevr is well-positioned to deliver on its long-term growth ambitions. Rigby Group remains fully committed to supporting CloudClevr’s ambition to become a leading UK technology services provider.
John Taylor, Chairman, CloudClevr and representative of Rigby Technology Investments

NatWest is delighted to support CloudClevr with a tailored funding package designed to accelerate its growth ambitions and builds upon our wider relationship with Rigby Group. This partnership highlights our commitment to fostering a strong relationship supporting CloudClevr at this exciting stage of its journey.
Kim Paterson, Senior Relationship Director Large Corporates of NatWest

This transaction marks an important milestone for CloudClevr as it continues to scale its platform and deliver innovative managed services to UK businesses. We’re proud to have supported the team in securing a flexible funding structure that underpins both organic growth and strategic acquisitions, reinforcing confidence in CloudClevr’s long-term vision.
Tom Barnwell, Partner, Clearwater