Aspire Technology Solutions has announced the acquisition of Cloud Cover IT in Glasgow.
Chris Fraser, CEO and founder of the Gateshead-based managed service and cyber security provider explained that it was an important strategic move to expand into all UK regions.
“Our acquisition of Cloud Cover IT marks a new and exciting chapter for both companies,” he said.
“This move will strengthen our presence in Scotland, positioning us in a thriving market. The Cloud Cover team will become an integral part of the Aspire group, and together, we believe we can grow significantly in this key strategic market. I’m excited to see the opportunities accelerate as we offer customers, present and future, the innovative solutions that they need in a changing world. Exciting times lie ahead.”
Cloud Cover IT will now become part of the Aspire group, with its software development and business applications division rebranded as Flyte.
“Multiple factors drew us to Aspire; they are an outstanding company,” added Lance Gauld, Founder and MD at Cloud Cover IT.
“The alignment between our organisations and how we complement each other is evident. We share similar values in our approach towards our people, customers, and objectives. This partnership is not merely a merger with a large IT company; it is a collaboration with a leading UK technology provider that understands us. As part of the Aspire group, we can grow our footprint further and broaden our offerings with access to more expertise, resources and an extensive portfolio of solutions to help our customers drive their businesses forward.”
Aspire is backed by private equity firm, LDC. It employs 250 staff across its offices in Gateshead, London, Leeds, and Teesside.