Littlefish snaps up Stripe OLT to boost UK-wide public sector and healthcare operations
The buyout brings the company’s headcount to 900 staff
Littlefish Group has announced its takeover of Bristol-based MSP Stripe OLT as it looks to boost its IT and cybersecurity services offering.
The acquisition brings the firm’s headcount to around 900 employees.
With a similar customer base across managed services and cybersecurity, the deal is expected to strengthen Littlefish’s position supporting public sector and NHS organisations.
The takeover will also enable the company to accelerate the expansion of its managed services and security operations across the UK.
Stripe OLT adds a CREST-accredited SOC, alongside threat detection and offensive penetration testing capabilities.
“This acquisition is a decisive step in how we scale the business,” said Ursula Morgenstern, CEO of Littlefish.
“Stripe OLT is a fast-growing, Microsoft-focused business with deep cyber capability and a culture that closely mirrors our own.
“Bringing their team into the group strengthens our security proposition, accelerates our growth and meaningfully enhances the value we deliver to customers.”
Mark Dale, founder of Stripe OLT, added: “Joining Littlefish marks an exciting next chapter for our business.
“This move allows us to scale our impact, creating greater opportunities for our people and enhanced capabilities for our clients, while remaining focused on end-user centricity.”
The buyout follows a period of strong momentum for Littlefish in the year ended 31 December 2024.
According to Companies House filings, revenue leapt 54 per cent to £68.9m, up from £44.8m the year prior.
The company said organic growth was driven by new business wins and high customer retention.
It also pointed to Bowmark Capital’s investment in 2022, which reportedly supported leadership expansion and broader operational capability.
Adjusted EBITDA also jumped 54 per cent, from £7.8m to £12m.
The VAR recorded a 15 per cent increase in headcount to 635 employees over the period.
This marks the Nottingham-based organisation’s first M&A move since it acquired Irish MSP Storm Technology in 2024.
Littlefish ranks number 95 on CRN’s Top VARs list.