Security News > 2021 > May > Kerv acquires cloudThing to further enhance its cloud and digital credentials

Kerv acquires cloudThing to further enhance its cloud and digital credentials
2021-05-06 23:30

Whilst continuing its focus on strong and sustainable organic growth, Kerv will also look at acquiring businesses which add new capabilities to further enhance its cloud and digital credentials and/or bring new vertical opportunities.

"Explaining the rationale behind the deal, Alastair Mills, executive chairman at Kerv, said:"This acquisition is a significant step for Kerv and a major investment in the rapidly growing digital transformation market.

"Every aspect of cloudThing - from its strong organic growth model, culture, people, leadership and approach to customers - makes it an ideal fit for the Kerv group."

Current COO Stuart Harper assumes the role of cloudThing Chief Executive Officer and joins the Kerv management team along with Mike Wrout, Chief Customer Officer.

"Kerv offers something genuinely unique, a group of complementary cloud and digital organisations that are experts at what they do, given further scale and enhanced capabilities as part of the group," said Stuart Harper, CEO of cloudThing.

It first came to market following the £30 million merger of three cloud transformation businesses: DoubleEdge, Foehn, and Metaphor IT. Since then Kerv has also completed the acquisition of UCNS Managed IT. cloudThing is Kerv's fifth acquisition in under a year and its largest to date in terms of value, revenue and headcount.


News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/aYwBxdwmKPQ/