Codestone, a Poole, UK-based enterprise resource planning (ERP) and cloud database technologies company, acquired Cloud Business Limited, a Basingstoke, UK-based business consulting, digital transformation, and IT managed services.
The amount of the deal was not disclosed.
With the acquisition, Codestone aims to further enhance its offering of IT consulting and services in Microsoft Azure, Microsoft 365, and Cybersecurity, while bolstering its 24x7x365 UK-based managed services team.
Founded in 2009, Cloud Business helps customers optimise their IT infrastructure, enhance their security, and boost their productivity. As a Microsoft modern work solutions partner, they offer innovative solutions and professional and managed services for remote work, collaboration, and communication.
Equity backed by FPE Capital, Codestone Group provides modern Enterprise Resource Planning (ERP) and cloud database technologies. The company offers Cloud business technology consulting and delivery of turnkey ERP, Financial Management and Sustainability Management alongside SAP, Wolters Kluwer CCH® Tagetik and Microsoft Cloud IT solutions to mid-market and large enterprises across the UK and Ireland. With 700+ customers, it is an SAP Partner of the Year for Customer Service as well as SAP Cloud ERP and SAP Business One in the UK and EMEA North, a CCH Tagetik Platinum Partner, and Microsoft Gold Partner specializing in Modern Work, Azure, and Power BI.
Commenting on the news, Darryl Sackett, CEO of Codestone said: “The addition of Cloud Business’s expertise and wonderful people talent enhances Codestone’s consistently high-quality customer engagement model. We are focused on end-to-end value creation for all customers in all sectors and geographies who are trying to answer the question of how to do more with technology while staying secure. From the Digital Strategy, Edge computing, mission critical infrastructure and all processes that run any modern business, we guide organisations through this increasingly complex landscape. We unlock innovation and free up budget for our customers to reinvest. Cloud Business enables us to do this for more customers in a broader way with a strong cultural fit aligned to our core values.”
FinSMEs
15/02/2024