Clearwater International advises Electranet on sale to Capita
Clearwater International has advised Electranet, a leading supplier for the design, delivery and support of highly secure network and communication infrastructure in the UK, on its sale to Capita, the UK’s leading provider of digitally enabled customer and business process services.
Electranet supports high profile government and private sector customers that require secure and effective networking and communication solutions. The company handles highly secure data and is approved to sponsor its own workforce through national security vetting processes, such as the Counter-Terrorist Check and Developed Vetting. The company runs one of the UK’s few commercial sites that is approved to hold UK government protectively marked information, allowing it to support secure government projects.
Capita plc currently employees 68,000 people at over 400 sites, including 80 business centres across the UK, Europe, India and South Africa. The group uses its expertise, infrastructure and scale benefits to transform its clients’ services, driving down costs and adding value.
Electranet will join Capita’s IT Enterprise Services division. Palatine Private Equity invested in the company in 2008 as part of a management buyout. This acquisition will see the private equity house exit the business.