Thu, 02 Feb 2017 | BUSINESS SALE
Cloud solutions firm Cloud Direct has snapped up communications specialist AlwaysOn Group (AOG) as it embarks on an “exciting time of high growth”.
Cloud Direct acquired AOG, which provides unified communications, data communication and managed data services, from owners Foresight Group and Mobeus Equity Partners, both private equity firms.
The company said its purchase, the financial terms of which were not disclosed, would widen its product offering and bolster its Microsoft Skype for Business offer.
It is Cloud Direct’s fourth acquisition since June 2015 - the firm bought Datel Business Systems in June 2015, ihotdesk in December 2015 and Redblade in July 2016.
AOG, which comprises AlwaysOn and sister company Data Continuity Group, is a gold Microsoft partner for hosting and communications and a Skype for Business specialist.
Brett Raynes, Cloud Direct chief executive officer, said: "Since 2003, we’ve been helping organisations grow by migrating them to the cloud - quickly and securely.
“Moving forward, AOG’s capabilities will be critical to that as we drive better business continuity, people productivity and infrastructure. Their people and customers are a great asset to our business at this exciting time of high growth. We’ll slowly integrate the business into the Cloud Direct clan as we continue to support organic growth with an ambitious acquisition strategy."
Find technology businesses for sale.
An exciting opportunity to acquire a well-established business specialising in recruitment, with a proven track record in connecting top talent with leading employers.
This is a unique opportunity to acquire a business specialising in labour recruitment and personnel provision, known for its reliable workforce solutions across various industries.
This business, operating within a niche and expanding sector, boasts strong client relationships and is a preferred supplier to Tier 1 organisations, presenting a robust opportunity for a buyer with a strategic vision.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.