Aspire heads to Scotland with Cloud Cover IT deal
More channel partner consolidation on the way as MSP Aspire acquires
Aspire Technology Solutions has announced its acquisition of managed services provider Cloud Cover IT.
The Glasgow-HQ MSP will become a part of the Aspire group, with its software development and business applications division being rebranded to Flyte.
Cloud Cover IT has been delivering IT support and digital transformation solutions for over 11 years and now has access to the full range of Aspire products, solutions and expertise.
"Our acquisition of Cloud Cover IT marks a new and exciting chapter for both companies. This move will strengthen our presence in Scotland, positioning us in a thriving market," said Aspire founder and CEO Chris Fraser.
"The Cloud Cover team will become an integral part of the Aspire group, and together, we believe we can grow significantly in this key strategic market."
Cloud Cover IT founder and managing director Lance Gauld explained how multiple factors brought the duo together, including shared values towards people, customers and objectives; and the opportunities the combo brings to their respective services offerings.
"This partnership is not merely a merger with a large IT company; it is a collaboration with a leading UK technology provider that understands us," Gauld said.
"As part of the Aspire group, we can grow our footprint further and broaden our offerings with access to more expertise, resources and an extensive portfolio of solutions to help our customers drive their businesses forward."
Founded in 2006 and based out of Gateshead, the LDC-backed MSP's footprint also spans London, Leeds, and Teesside and now Glasgow.
More partner consolidation
This is the second channel partner deal in a week following SoftwareOne's acquisition of Novis Euforia, potentially showing the start of a big year for partner consolidation.
This also marks the second piece of news of the day relating to LDC. Will 2024 also be the year private equity activity in the channel bounces back?