Cloud and IT services provider Xperience has acquired Cambridgeshire-based Riverlite.
According to Xperience, annual turnover will increase to approximately £21.5 million, supporting over 1,150 clients across the UK and Ireland.
This venture follows the acquisition of Bury St Edmunds-based Green Duck in October 2021, adding to Xperience’s existing offices in Peterborough, Lisburn and Glasgow.
Iain O’Kane, CEO at Xperience said, “Growth across the UK remains a strategic priority, and Riverlite is a natural fit as we share a similar culture and values. Importantly, it achieves a leading presence in the East of England and strengthens our existing team nationally. It 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. For this and many more reasons, we welcome bringing Riverlite into the Xperience family.”
“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,” added Paul Oggelsby, CEO of Riverlite.
“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 also have access to a broader range of resources and support locally and across the UK.”
