Cloud and IT service provider Xperience has acquired Riverlite to build its presence in the east of England and beef up its cybersecurity offering.
The buy will take Xperience’s headcount to 150, a rise of 42% in 12 months, and increase turnover to approximately £21.5m
The deal follows the acquisition of Bury St Edmunds-based Green Duck in October 2021, and adds to Xperience’s existing operations in Peterborough, Lisburn and Glasgow.
Iain O’Kane, CEO, Xperience said: “Growth across the UK remains a strategic priority. This buy also provides another Cyber Security and data platform, which given the events of last year and continued global threats is a genuine benefit for our clients.”
Paul Oggelsby, CEO, Riverlite, added: “Scale is increasingly important in the IT space. This is not just because of the pace of technical change, but also due to changing working practices such as hybrid working.
“Clients are also having to find solutions to global threats such as Cyber Security. Over time, Riverlite will trade under the Xperience brand and as part of Xperience, our clients will continue to benefit from the services of Riverlite, and have access to a broader range of resources and support locally and across the UK.”
Pictured (l-r): Ogglesby - O'Kane - Rod Jackson, Cloud and IT Services Director, Xperience.