Advania, backed by Goldman Sachs, acquires Content+Cloud and its subsidiary, Sipcom

In December 2021, Content+Cloud, including its subsidiary Sipcom, was acquired by Advania, an established technology services provider backed by Goldman Sachs. This significant transaction underscores the strategic importance and strong market reputation established by Content+Cloud and Sipcom in delivering innovative cloud and digital transformation solutions.

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The acquisition marks a major milestone for Sipcom, founded by Daniel Allen, highlighting its sustained growth and the impactful technology solutions it delivers within the broader Content+Cloud family. Becoming part of Advania positions Content+Cloud and Sipcom to further enhance their capabilities, expand their geographic reach, and offer a wider array of advanced technological solutions to their global customer base.

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This strategic move demonstrates the ongoing consolidation within the cloud and IT services sector, further validating the success and value creation achieved by Content+Cloud and Sipcom teams.

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For more details, read the official announcement here.