Rockpool Investments backs Cloud IT infrastructure specialist, ERA
Rockpool Investments has invested in ERA, a growing provider of cloud it infrastructure services to the media and entertainment industries.
ERA delivers cloud infrastructure-as-a-service solutions to a broad range of customers within the post-production, visual effects and broadcast media sectors. The company provides virtual workstations, storage-as-a-service, workflow applications, connectivity and cloud archiving solutions, in both private and public cloud environments.
ERA’s bespoke offering allows customers to scale up their IT infrastructure to meet increasingly sophisticated editing and rendering requirements. Remote access to high performance computing resource and clients’ ability to operate from office lite environments is expected to drive continued demand for ERA’s cloud-based infrastructure services.
Rockpool is backing the existing management team with additional growth capital to expand ERA’s service offering. The management team will be supported by Roger Flynn, who joined the board as Non-Executive Chairman at completion of Rockpool’s investment. Roger is a highly experienced private equity Chairman with extensive media and technology expertise.
Tom Coey and Toby Hurdle led the investment for Rockpool.
Rockpool was advised by Stephenson Harwood (legal), HMT Corporate Finance (financial and tax), Knight Corporate Finance (M&A), Megabuyte (commercial) and Continuum (organisational).
ERA was advised by Evolution CBS (M&A), SAS Daniels (legal) and Red Dot Accountants (financial and tax).
For more details on this investment or about Rockpool in general, email team@rockpoolinvestments.co.uk.
Capital at risk and you may not get back what you invested. Past performance is not a reliable guide to future performance.
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