Livingbridge acquires data delivery network, FluidOne
Livingbridge, one of the UK’s leading mid-market private equity investors, today announces the acquisition of FluidOne, a leading data connectivity aggregator, from Rigby Group plc, a parent company for a portfolio of family-owned and highly successful businesses operating across Europe and the Middle East.
FluidOne provides a range of quality data connectivity services to UK businesses across the construction, hospitality, hotels, professional services and retail sectors. The business helps its diverse and loyal customer base to securely connect any device to business-related data and applications through its unique, integrated technology platform.
The market for network connectivity across IOT, Cloud and Mobile is a fragmented and growing one. As companies across all sectors recognise the need for digital transformation, FluidOne sees multiple opportunities to gain market share, not least as the fibre optic broadband network continues to roll-out across the UK.
The company’s unique platform is both well-invested and scalable meaning the business is on track for both organic and acquisitive growth. It has also identified significant opportunities for cross-selling, targeted sales, marketing campaigns and new product development.
The business is managed by CEO Russell Horton, CFO Hemant Patel and COO Chris Rogers (a co-founder of FluidOne) and has demonstrated strong financial growth since its inception in 2006. FluidOne has ambitious targets for the coming years, aiming to be the best quality data connectivity provider to UK businesses.
The acquisition builds on Livingbridge’s significant experience in the connectivity sector with investments including M247, (the UK’s fastest growing connectivity and internet infrastructure provider), Southern Communications, (a B2B telecoms business), and Onyx, (a leading IT infrastructure provider).
Matthew Caffrey, Partner at Livingbridge, said: “We are delighted to acquire FluidOne, a business which is set for significant growth, being both well-invested and poised to benefit from favourable market trends as the UK becomes increasingly digitally focused. Its integrated, automated, scalable technology platform and strong financials make it an attractive acquisition, and we are excited to take the business forward in its growth journey.”
Russell Horton, CEO of FluidOne, added: “We have demonstrated impressive growth over recent years and have significant ambition for the future, so it’s very pleasing to have Livingbridge’s support as we look to exploit the numerous opportunities and develop a strong M&A pipeline in this expanding market.
“Importantly, FluidOne remains the preferred communications partner for SCC and Group companies and we will continue to work closely with SCC in the delivery of services to customers.”
Deloitte Corporate Finance acted as lead advisor and Gowling WLG provided legal advice to Rigby Group on the sale.
Source fluidone
Industry: Telecommunications News
Latest Jobs
-
- Solution Architect - OUTSIDE IR35 - Contract- SC / DV - London
- London
- OUTSIDE IR35
-
Solution Architect For a London based Contract This is an Outside IR35 project. MUST have a minimum of an ACTIVE - SC clearance and be willing to be put through DV clearance. 6 month rolling Immediate Experience delivering technical Security Architecture design / assurance of security design. Cross domain experience desirable HLD / LLD London commutable Immediately interviewing.
-
- Microsoft Sentinel Architect
- Netherlands
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design:Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration:Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration:Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization:Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring:Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.
-
- Microsoft Sentinel Architect
- Spain
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design: Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration: Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration: Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization: Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring: Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.
-
- Microsoft Sentinel Architect
- United Kingdom
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design: Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration: Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration: Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization: Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring: Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.