Redsquid has doubled its Scottish presence through the acquisition of Glasgow-based RedMosquito, which marks its third deal north of the border.
The buy adds 20 team members to Redsquid’s Scottish headcount, growing its regional workforce to 40 following deals in Aberdeen last year and in Fife this year.
Sohin Raithatha, CEO of Redsquid, said: “The team that RedMosquito brings will add immense value to the Scottish team, which immediately will be shared with the wider customer base.”
Neil Rowney, Co-founder of RedMosquito, added: “Our valued customer base built up over the last 26 years has found a safe new home and will now benefit from enhanced resources and services under Redsquid’s stewardship.”
Raithatha and co-founder Vince Mignacca remain as the only shareholders and will continue to lead the company. Supported by ThinCats, this is Redsquid's fourth acquisition this year.