London-based technology provider Redsquid has expanded its customer base to 850 organizations with an acquisition of Oxfordshire-based managed IT technology provider Triumph Technologies with annual revenues in excess of £ 1.5 million. Has expanded to the Oxford region.
The acquisition, which drives the company’s acquisition and build growth strategy, was supported by a growth capital loan from the Santander UK Growth Capital team.
Redsquid founder CEO Sohin Raithatha and COO Vince Mignacca have grown organically over the last 15 years and will continue to be the only shareholders of the business that have grown through two other acquisitions.
Sohin Raithatha said: It is well known for providing superior services and technologies that change the way organizations work. Pandemics have taken cybercrime to new heights, and the demand for cybersecurity technology has grown accordingly. With this acquisition, we will become a fully managed service provider and will be able to meet your demand for digital transformation. “
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https://www.technologyreseller.uk/news/redsquid-completes-second-acquisition-in-18-months/ Redsquid completes second acquisition in 18 months – Technology Reseller Magazine