Managed service provider TIG Data Intelligence has acquired MMRIT, a London-based MSP operating in the financial services and legal sectors.
The financial details of the transaction were not disclosed and the deal is the second for Watford-based TIG since receiving a £6m investment from BGF in July 2018.
In January 2019 TIG acquired London-based financial services IT consultancy netConsult for an undisclosed sum.
The deal gives TIG a stronger presence in the London alternative financial services market sector and adds capabilities and scale in other sectors such as professional services, logistics and retail.
The enlarged business has over 150 employees, of which over 75% are technical.
TIG CEO Des Lekerman (pictured) said: “It’s a great time to have the capability and expertise to provide these services, as the need and appetite for digital transformation and for data insights has never been greater.”