CTI Group acquires app developer Silverchip

Rhind said: “This deal was all about acquiring great talent from the get-go and enabling CTI to become a significant player in the mobile space. We’re excited to bring a first-class mobile offering to both our existing and new customers and to continue to invest and develop the Group’s mobile capabilities. 

“Our leadership teams share a passion for our customers and embracing future technologies. With the addition of Silverchip, we are on an accelerated path to achieve our goals for the group within the next three to five years.”

Silverchip CTO Liam Bateman and MD Jamie McMullan said: “For us, Silverchip is more than just a business. It has been and remains a mission to create the best working environment for our people while delivering exceptional products for our clients.

“Upon meeting Nick and CTI’s senior team, we instantly recognised a joint vision for the growth and future of our teams along with an aligned company culture that puts people first.

“We are incredibly excited for the opportunities that joining the CTI Group will bring, not only for our employees but also for our clients, who will be able to access the full range of Group services whilst continuing to receive the technological excellence Silverchip are known for.” 

CTI has been on a highly acquisitive trail in recent years, and Silverchip is the company’s sixth deal in three years. Other purchases have included Worship, Mosquito Digital and Stardotstar.

Prior to the Silverchip deal it employed 175 staff in Manchester and Lancaster, and last year recorded revenues of £18m.