Kerv, describing itself as a family, has added another member to its tree. Acquired from previous parent company TDS Global Holdings, CCP provides mission-critical communications compliance services to major organisations, including 50% of top UK banks.
With three billion recorded calls and 140,000 channels of compliance, Kerv is no doubt pleased with its latest acquisition – Knight, of course, playing a crucial part in the deal.
Kerv Executive Chairman Alastair Mills shared his thoughts: “This acquisition is another significant milestone in the development of the group. With the compliance world relatively slow to migrate to the cloud compared to other sectors, this is a transformation that is now happening at pace and Kerv is well placed to capitalise on this significant market trend.”
Merging the operations of both companies will transcend Kerv’s turnover figure in the excess of £60m. A total of over 500 staff will create the largest compliance technology practice in the banking and financial services sector.
Brad Gorton, Managing Director of CCP, added: “We’re so excited to be joining the team at Kerv for the next stage of our journey. The opportunity to build on our global cloud capabilities, to extend our digital services and to accelerate investment in our automation, monitoring and proprietary technology by leveraging Kerv’s capabilities is fantastic for us and our customers.
“Bringing the rest of the Kerv group’s portfolio to our customers and providing our compliance expertise to the Kerv client base will help us accelerate our own growth even further.”
Knight, having enjoyed advising in the deal, is excited to see how far the Kerv family will grow.
What we've made possible
Buy-side support to Rockpool Investments on its investment in Communicate Technology
Knight advises the shareholders of Fidelity Energy on its investment from Blixt Group
Would you like to make your ambitions real?
