Onyx is a leading provider of cloud, co-location, remote and on-site IT management, workplace recovery, applications management and security solutions. Onyx provided UK data centres, cloud security backup and IT infrastructure to some of the world’s biggest businesses including Sage, Edinburgh Airport and Bond Dickinson. Livingbridge invested in the business in 2011 to fund strategic acquisitions, expanding Onyx’s geographical footprint and its ability to provide wider ‘on the doorstep’ services to existing customers. The successful acquisition and integration of Knowledge IT was strategically important to driving value on exit.
Growing through strategic acquisition
Neil Stephenson, CEO, Onyx
1994
Onyx Group established
2003
Newcastle data centre opens
2010
Edinburgh data centre opens
2011
Livingbridge invest in Onyx Group
2012
Sheffield data centre opens
2014
£10m acquisition of tech firm Knowledge IT
2016
Livingbridge announces sale of Onyx to Pulsant, one of the UK’s largest data centre providers
Location: United Kingdom, England, Stockton-on-Tees
Member count: 51-200
Total raised: $66.242922M
Founded date: 1994
Investors 1
| Date | Name | Website |
| - | Livingbrid... | livingbrid... |
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 20.10.2011 | - | $66.242922... | ISIS | finsmes.co... |
Mentions in press and media 1
| Date | Title | Description | Category | Author | Source |
| 20.10.2011 | Onyx Group... | Onyx Group, a UK-based provide... | UK ventur... | - | finsmes.co... |