IT firm Cloud Direct acquires comms specialist AlwaysOn

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.


Share this article



Latest Businesses for Sale

Roofing Contractor
North East, UK

Provides roofing services and safety system products such as slating, tiling, waterproof liquid roofing, over cladding, sheeting, felting, safety netting and guttering. Works with clients from sectors such as education, healthcare, national retail ch...

Asking Price: Offers Invited
Turnover: £5,600,000

FREEHOLD


Air Conditioning, Heating & Ventilation Contractor
West Midlands, UK

Air conditioning, heating & ventilation contractor offering consultancy, design, sales & installation to commercial, industrial & residential properties. Supplies & installs market leading products to SME’s & blue-chip customers operating in a range...

Asking Price: Offers Invited
Turnover: £1,770,000

Supply & Servicing of Vending Machines & Related Equipment
East Anglia, UK Wide

Supplies, services & maintains a range of vending equipment such as coffee machines, snack vending machines, cold drink machines, water coolers & slush machines. Companies involved in the supply, filling & servicing of food & drink vending machines,...

Asking Price: Offers Invited
Turnover: £800,000


View more businesses for sale

News Search

Latest News

 
21
 
Nov
 

Buyer sought as North East contractor enters administration | ADMINISTRATION

A buyer is being sought for Pro-Fix Installations after the ...

 
20
 
Nov
 

Swindon waste-to-gas plant construction to resume after administration | ADMINISTRATION

An unfinished waste-to-gas facility in Swindon has secured &...

 
19
 
Nov
 

UK government set to approve Cobham takeover | BUSINESS SALE

The British government is poised to approve the $5 billion t...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources