Arcus Global has secured a £2 million growth capital investment from BOOST&Co, to assist the company in expanding its team and service capabilities. Cambridge-based Arcus Global provides cloud-based software and services to the public sector and is an innovative partner to national and local government authorities within the United Kingdom.
Founded in 2009 by Denis Kaminsky and Lars Malmqvist, the company has a deep understanding of the public sector and the challenges it faces. Such challenges include the need to adapt to a rapidly changing socio-political environment – a task that many local authorities are meeting by exploring innovative and transformative ways of meeting the needs of citizens with the help of Arcus Global.
“As the public sector has endeavoured to find new ways of addressing the needs of the citizenry, we’ve experienced rapid growth. Arcus Global has now reached the point where additional investment is valuable in helping us to realise our growth objectives. We have a very specific corporate culture that relies on drive, creativity, and a commitment to excellence. We saw the same characteristics in BOOST&Co, making them the obvious choice as our investment partner,” says Kaminsky.
Joanna Scott, principal at BOOST&CO, adds: “Not only were we impressed by Arcus Global’s growth and award-winning solutions, we were also drawn to the resourcefulness and curiosity of the team. This is a group of people that shows drive and initiative in disrupting their industry. That was hugely appealing for BOOST&Co, and we look forward to joining the Arcus Global team on their journey of growth and expansion.”