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Pamlico exits Secure-24 investment with sale to NTT Communications

NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432) is to acquire Secure-24 Intermediate Holdings (Secure-24), a US-based managed services provider from private equity firm Pamlico Capital.

Secure-24 specialises in delivering effective, comprehensive managed services that leverage proprietary, highly automated operation tools. Its clients represent Fortune 1000 companies in sectors including manufacturing, finance, pharmaceuticals, healthcare, insurance, government, transportation and more.
 
NTT Com will leverage Secure-24’s extensive portfolio of managed application and database services, including SAP, SAP HANA, Oracle, Hyperion, JD Edwards, Microsoft, Epic, custom, industry and other mission-critical applications.
 
“This acquisition brings the unparalleled service levels, application expertise, security and compliance support of Secure-24 to the global NTT community,” says Mike Jennings, CEO of Secure-24.
 
Going forward, NTT Com will continue supporting the business transformation of customers by steadily enhancing its IT functions and systems, including for evolving applications on cloud platforms, and thereby satisfying expanding needs for diverse, global managed services.

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