Gryphon Investors Completes Sale of Azure Provider 3Cloud to Cognizant
Gryphon Investors, a leading private equity firm, has completed the sale of Azure provider 3Cloud to Cognizant, a global technology company. This strategic acquisition marks a significant milestone in the growth of Cognizant's cloud business and reinforces its position as a leading player in the digital transformation market.
The acquisition of 3Cloud, a leading Azure provider, will enable Cognizant to expand its cloud capabilities and provide its clients with a more comprehensive range of cloud services. 3Cloud's expertise in Azure will complement Cognizant's existing cloud capabilities, allowing the company to offer its clients a more seamless and integrated cloud experience.
Gryphon Investors acquired 3Cloud in 2019 and has since worked to build the company into a leading Azure provider. The sale of 3Cloud to Cognizant is a testament to Gryphon's successful investment strategy and its ability to drive growth and value creation in its portfolio companies.
The acquisition is expected to be completed in the first quarter of 2026, subject to customary closing conditions. The financial terms of the transaction were not disclosed.
Sources
[3] Gryphon investors completes sale of Azure provider 3Cloud to Cognizant