We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Proprietor of UKFast cloud internet hosting agency plots £400m sale
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > Proprietor of UKFast cloud internet hosting agency plots £400m sale
Business

Proprietor of UKFast cloud internet hosting agency plots £400m sale

By Editorial Board Published March 2, 2025 1 Min Read
Share
Proprietor of UKFast cloud internet hosting agency plots £400m sale

The personal fairness backer of the expertise firm beforehand referred to as UKFast is exploring a sale that it hopes will fetch a £400m price ticket.

UKFast was rebranded as ANS within the wake of revelations within the Monetary Occasions in 2019 in regards to the conduct of UKFast’s founder, Lawrence Jones.

Mr Jones was convicted of rape and sexual assault in 2023, and was sentenced to fifteen years in jail.

In December, he was stripped of his MBE, which had been awarded for companies to the digital economic system in 2015.

Arma Companions is known to have been employed to advise on the sale of ANS, which was acquired by Inflexion in 2021.

ANS was based by Scott Fletcher, a former little one actor who appeared in tv exhibits corresponding to Casualty and Jossy’s Giants.

The mixed group, which relies in Manchester, is anticipated to be value between £300m and £400m, in response to banking sources.

Potential bidders are anticipated to incorporate different personal fairness corporations.

Inflexion declined to remark.

TAGGED:400mcloudfirmHostingownerplotsSaleUKFast
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

State Home passes invoice to create Silver Alert system

State Home passes invoice to create Silver Alert system

Michigan
September 4, 2025
Larger Court docket Guidelines Trump Can Freeze B Designated For Local weather Change Slush Funds | Economics

Larger Court docket Guidelines Trump Can Freeze $16B Designated For Local weather Change Slush Funds | Economics

Trump-appointed EPA Administrator Lee Zeldin has been making an attempt to freeze $16 billion in…

September 4, 2025
Reform to carry vote on transgender prisoners at occasion convention

Reform to carry vote on transgender prisoners at occasion convention

The movement is ready to be held this Saturday throughout Reform's occasion convention, going down…

September 4, 2025
Crime Stoppers: I-96 capturing, housebreaking, and retail fraud

Crime Stoppers: I-96 capturing, housebreaking, and retail fraud

LANSING, Mich. (WLNS) -- This week on Crime Stoppers, legislation enforcement wants your assist monitoring…

September 4, 2025
‘At evening we do not sleep’: West Financial institution household ‘terrorised’ by younger Israeli settlers

‘At evening we do not sleep’: West Financial institution household ‘terrorised’ by younger Israeli settlers

The additional we go, the rougher the terrain turns into, jolting the automobile as we…

September 4, 2025

YOU MAY ALSO LIKE

Angela Rayner’s clarification for stamp responsibility error not the tip of the matter

Angela Rayner’s clarification for her failure to pay the proper stamp responsibility on her dwelling in Hove rests on a…

Business
September 3, 2025

Rates of interest: ‘Significantly extra doubt’ over future cuts, Financial institution of England governor warns

There may be "considerably more doubt" over when future rate of interest cuts can happen, the governor of the Financial…

Business
September 3, 2025

Lush shuts UK retailers ‘in solidarity with Gaza’

Magnificence chain Lush has shut its UK retailers, web site and factories in protest on the Israeli authorities "preventing urgent…

Business
September 3, 2025

Value of long run UK authorities borrowing hits recent 27-year excessive

After hitting the best stage this century on Tuesday, the price of long run UK authorities borrowing has now hit…

Business
September 3, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?