​“We pride ourselves on Cinven’s strong track record of successfully partnering with founder-led and technology-focused companies, and Nitel fits squarely within this investment focus. We see significant opportunity to work closely with management to capture high-growth opportunities in the SD-WAN category and expand into adjacent services, and we look forward to delivering on our shared vision for Nitel.”

Daniel Garin
Principal
Cinven

“Cinven shares our vision, believes in our strategy, people, partners and the culture we have built over nearly two decades, and understands the tremendous growth opportunity in front of us as the evolution of cloud and network optimization continues to accelerate. We look forward to continued success with our new partner.”

Rick Stern
Chief Executive Officer
Nitel