Exciting news! Cloud Technology Solutions (CTS) are happy to announce they have joined forces with application development and machine learning specialist Qlouder in a deal that creates the largest dedicated Google Cloud practice in Europe.
The merger marks a significant international expansion for CTS and will see our people grow to a 150-strong team offering unrivalled expertise in app development, data science and machine learning. We will operate from offices in the UK and Netherlands, enabling us to significantly expand our services across the continent.
Together we will provide a unique end-to-end full-service offering for the Google Cloud proposition including, application development, machine learning, big data analytics, cloud migration and IT infrastructure.
James Doggart, CEO at CTS, said:
“This merger is a very significant step for the business. It lays the foundation for us to expand our presence and strengthen our offering at a time when the market for our expertise is growing rapidly. We view this as a real opportunity to penetrate further into the European market as the sole provider of a full-service Google Cloud solution.
“Qlouder enjoys an enviable reputation as a leader in application development and data science. Joining forces will enhance the services both existing and prospective clients can access, enabling them to harness the power of big data through machine learning and AI to unlock business potential.
“We are strong believers that machine learning will revolutionise how businesses do business and it’s fantastic to be able to offer this as part of our proposition. It’s an incredibly exciting time for the business and we look forward to delivering a market-leading service as we explore new opportunities across Europe and beyond.”
CTS has been working in partnership with Qlouder for the past year to provide support to major clients across the UK. Following the merger, CTS will sit as the business’ parent brand and will continue to operate under the well-respected Qlouder brand for Google Cloud Platform data projects.
Stefan Hogendoorn, co-founder of Qlouder, said:
“We have always enjoyed a strong working relationship with the team at CTS. Given the market conditions and the fantastic opportunities for growth, merging was the ideal next step.
“We believe that’s a really compelling proposition for organisations across Europe looking to realise the multitude of benefits and insights cloud technology and innovation with data can provide.”
The merger was led by Jon Pickering, partner, and Dan Matkin, investment manager, at private equity firm NorthEdge Capital, and is the first transaction since the firm invested in CTS in March this year. NorthEdge backed the incumbent management team at CTS to continue the development of the business’ own software products as well as providing development capital to accelerate growth through complementary mergers and acquisitions.
Jon Pickering, also non-executive director at CTS, said: “This merger is a really exciting deal for us, and helps take CTS from a UK tech business to one of international scale.”
Everyone at CTS are excited about the merger and we can’t wait to bring our new and existing customers even more of the latest innovations.