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Broadband

CloudCoCo buys IDE Group Connect, Nimoveri

Wednesday 20 October 2021 | 10:39 CET | News
UK managed services provider CloudCoCo has made two new acquisitions, buying IDE Group Connect and Nimoveri from IDE Group for a total deferred consideration of GBP 250,000, to be paid over five years. The transaction will provide CloudCoCo with 660 more customers and the chance to upsell and cross sell services across the group. The acquisitions reported revenues of GBP 13.6 million for 2020. Nimoveri founder and managing director Adam Eaton will now lead an accelerated full rebrand and integration programme. 

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Categories: Fixed
Companies: CloudCoCo / Microsoft
Countries: United Kingdom
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