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