IT provider Redsquid has bolstered its managed services capabilities with the acquisition of High Wycombe-based MSP Epoq IT, its third acquisition in seven months.
The deal was financed by Triple Point, a fellow B Corporation, providing a funding line for future growth.
Headquartered in Hertfordshire and led by founders CEO Sohin Raithatha (pictured left) and COO Vince Mignacca (pictured right), Redsquid has grown through six acquisitions in 17 years, with the founders remaining as sole shareholders.
"Acquiring Epoq is an important step for Redsquid and our growth journey and comes just seven months after the last two acquisitions in the summer," stated Raithatha. "Epoq will now become a part of our mission for a more sustainable industry – and joining the group will bring the benefits out to customers and partners.”
The acquisition of Epoq IT, a long-time partner of Redsquid, is expected to open up significant cross-selling opportunities, enhancing their service offerings."We look forward to introducing Redsquid’s technology portfolio into Epoq IT's customer organisations, enabling them to benefit from the simplicity of having one unified partner through their digital transformation journey,” he added.
Epoq IT founder Gary Swanwick commented: “After over 20 years of providing a customer centric service it was important to select the right fit for Epoq IT. Redsquid aligns with our values - and in an ever-changing landscape, we can now offer our clients and team a future that meets the challenges of today’s world.”
