Ultima makes first M&A move with Just After Midnight acquisition

Automation specialist chooses global cloud services provider as its first purchase

Ultima Business Solutions has made its first acquisition in the form of global cloud services provider Just After Midnight (JAM).

JAM offers a global, round-the-clock support and services capability, as well as DevOps consultancy and has locations in London, Australia, Singapore and the US. It will form a new cloud and application services division within Ultima.

"We're delighted to announce this acquisition. It strengthens our ability to offer our customers a seamless cloud service around the world," stated Scott Dodds, CEO of Ultima.

"By combining JAM's expertise in cloud support and consulting with our own managed services and IA-Cloud automation management platforms, we will have a powerful global offering for all customers and partners looking to build and manage their hybrid cloud infrastructure and applications."

Sam Booth, founder and CEO of Just After Midnight, added: "We have been driving hard to build a next-generation managed services provider for the digital transformation age, accelerated by the explosion of cloud adoption across every aspect of modern business.

"This team up with Ultima will allow Just After Midnight to turbo charge our growth and bring even more meaningful value to digital teams, agency partners and brands alike."

Reading-based Ultima took on private equity backing from Apse Capital in 2019

Tim Green, managing partner at Apse Capital, said: "We're pleased to have been able to support Ultima's first acquisition, which further expands its multi-cloud strategy and enables a global footprint for world-class support. We look forward to working with Ultima to continue its expansion plans."