Redcentric is a mid-market managed services provider, gaining near-term scale through acquisitions. With >90% recurring revenue, the group has very strong visibility, delivering services across the spectrum of complexity. A return to a strategy of targeted acquisitions, funded by the group’s strong cash generation profile, has delivered momentum and scale to the top line. This will be complemented by the savings opportunity in the Sungard datacentres acquisition, which drives the bulk of the 48% ....