Assured is a managed service provider focused on backup, disaster recovery and cyber resiliency as a service, powered by Rubrik software. Soho Square Capital backed Assured in 2023, with capital and its expertise, to support an acceleration of Assured’s growth plans led by CEO Simon Chappell. After delivering extraordinary growth across its UK and US business in just a year, Soho Square Capital will exit ahead of plan enabling them to crystallise significant returns for its investors. Assured will take on new equity investment from Oakley Capital at an exciting time in its growth plans. The transaction is subject to regulatory approvals.

The Hogan Lovells team advising the shareholders was led by London-based Private Equity partner James Cross, with support from senior associate Andreas Demetriou and associates Andrew Poole, Olivia Wallwork and Sebastian Pell.

Additional support was provided by partner Robert Baldwin, senior associate Christopher Peacock, partner Nicola Lemay and counsel Tom Eyre-Brook.

Partner James Cross commented: “We are delighted to have helped on this transaction which will see Assured Data Protection enter into the next stage of its journey. The transaction demonstrates an intersection of some our sweet spots of: cross-border M&A; private equity transactions; and advising global technology businesses. Simon and his team have achieved fantastic fast-growth, helped in the last year by Soho Square Capital’s flexible capital solution, and we wish Simon and the team all the very best for the next phase with Oakley Capital.”