Aspire Technology Solutions expands to Scotland with Cloud Cover IT acquisition
Glasgow-based managed service provider Cloud Cover IT has been acquired by cyber security business Aspire Technology Solutions, and England-headquartered firm.
The deal marks a strategic move for Aspire, expanding its geographic presence and product offerings. With over 11 years of experience, Cloud Cover IT has been providing IT support and digital transformation solutions.
As part of the acquisition, Cloud Cover IT’s software development and business applications division will be rebranded as ‘Flyte’.
Lance Gauld, the founder and managing director of Cloud Cover IT, said: “Multiple factors drew us to Aspire; they are an outstanding company.
“The alignment between our organisations and how we complement each other is evident. We share similar values in our approach towards our people, customers, and objectives.
“This partnership is not merely a merger with a large IT company; it is a collaboration with a leading UK technology provider that understands us. As part of the Aspire group, we can grow our footprint further and broaden our offerings with access to more expertise, resources and an extensive portfolio of solutions to help our customers drive their businesses forward.”
Established 17 years ago, Aspire has grown to a team of dedicated team of around 250 experts who have served over 1,700 customers from offices in Gateshead, London, Leeds, and Teesside. The company is supported by private equity firm LDC.
Chris Fraser, CEO and founder of Aspire, views the acquisition as a significant development for both companies. He said: “This move will strengthen our presence in Scotland, positioning us in a thriving market.
“The Cloud Cover team will become an integral part of the Aspire group, and together, we believe we can grow significantly in this key strategic market. I’m excited to see the opportunities accelerate as we offer customers, present and future, the innovative solutions that they need in a changing world. Exciting times lie ahead.”