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EvolutionCBS plays key role in European Raid Arrays investment

27 July 2022
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Cloud computing concept. Communication network.

Theale-based business sale advisors EvolutionCBS have managed an investment of growth capital into Chesham’s European Raid Arrays, provider of cloud infrastructure-as-a-service solutions, by Rockpool Investments.

ERA provides both public and private cloud environments to the post-production, visual effects and broadcast media sectors with virtual workstations, storage-as-a-service, workflow applications, connectivity and cloud archiving solutions among the services they offer.

Rockpools, a private equity firm, is supporting ERA’s existing management team with additional growth capital to widen the services offered. The transaction value remains undisclosed.

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Read more - EvolutionCBS advises on sale of cloud provider Egress to FPE Capital

Steve Barry, Senior Client Director at EvolutionCBS, said: “We are absolutely delighted for the management team at ERA, particularly as this transaction features an excellent business active within technology-enabled media and entertainment industry, engaging with a Private Equity firm that is committed to the longer term success of this great business.”

Read more - Why owners trust EvolutionCBS to sell their businesses


Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

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