Sat. Jul 27th, 2024

Aspire Technology Solutions Acquires Cloud Cover IT

  • Aspire Technology Solutions, a UK-based cybersecurity and modern workplace Managed Service Provider (MSP), has acquired Cloud Cover IT, an MSP based in Glasgow.
  • This acquisition aligns with Aspire’s vision for expansion into new UK regions and expanding its portfolio of cutting-edge technology solutions.

Aspire Technology Solutions, a UK-based cybersecurity and modern workplace Managed Service Provider (MSP), has announced the acquisition of Cloud Cover IT, an MSP based in Glasgow. This acquisition marks an important strategic move for Aspire as it aligns with the company’s vision for expansion into new UK regions and expanding its portfolio of cutting-edge technology solutions.

As part of the acquisition, Cloud Cover IT will become a part of the Aspire group, and its software development and business applications division will be rebranded as “Flyte.” This acquisition will position Aspire to make ongoing investments and extend its business application offerings to better serve its growing customer base.

Aspire, founded in 2006 and based in Gateshead, UK, specializes in IT Managed Services, Cybersecurity, Connectivity, Cloud, and Unified Communications. Cloud Cover IT, founded in 1997 and based in Glasgow, Scotland, specializes in Microsoft Cloud, CRM Online, VoIP Telephony, Azure, and more.

The CEO and founder of Aspire, Chris Fraser, expressed his excitement about the acquisition, stating: “Our acquisition of Cloud Cover IT marks a new and exciting chapter for both companies. This move will strengthen our presence in Scotland and position 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.”

Lance Gauld, Founder and MD at Cloud Cover IT, highlighted the synergy between the two companies: “Multiple factors drew us to Aspire; they are an outstanding company. The alignment between our organizations and how we complement each other is evident. 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.”

This acquisition is the fourth technology M&A deal covered by ChannelE2E and MSSP Alert in 2023.

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