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KKR nears $1.7 billion deal for IT services firm Ensono -sources

April 13 (Reuters) - Buyout firm KKR & Co Inc is nearing a deal to acquire information technology services provider Ensono from Charlesbank Capital Partners and M/C Partners for around $1.7 billion, including debt, according to people familiar with the matter.

A deal could be announced as soon as Wednesday, the sources said, requesting anonymity because the negotiations are confidential.

Ensono, Charlesbank and KKR declined to comment.

Illinois-based Ensono provides cloud infrastructure services to businesses and government agencies. It hosts servers, databases and mainframe operations, counting Sonoco Products Co , Travelodge and the state of Kansas as its clients.

The company has benefited from the accelerating digital transformation during the COVID-19 pandemic, as more corporations seek to move operations virtually and migrate to the cloud. Global IT spending is expected to grow 8.4% to $4 trillion in 2021, according to Gartner.

Earlier this month, Ensono acquired Amido, a UK-based cloud-native consultancy, to strengthen its global offerings.

Charlesbank acquired Ensono from marketing and data services company Acxiom Corp in a $190 million deal in partnership with M/C Partners in July 2015. (Reporting by Krystal Hu in New York, additional reporting by Josh Franklin in Boston, Editing by Nick Zieminski)

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