Preston-HQ’d IT services provider, Celerity, has acquired Silverstring Limited to add strength and differentiation to its managed services portfolio.
Founded in 2002, Celerity has established itself as a market leader in delivering advanced IT services with an emphasis on cybersecurity and highly available hybrid-cloud systems. The acquisition brings Silverstring’s expertise in data protection and cyber recovery assurance to the Celerity family. Combining these complementary strengths will create a service provider with the ability to help customers tackle pressing challenges around operational resilience.
The agreement also cements a long-term relationship between Celerity and recovery assurance platform developer Predatar. As part of the deal, Celerity will become a preferred Predatar Apex partner for the UK market, while Predatar Ltd will become a separate entity under the continued leadership of Silverstring founder and former CEO Alistair Mackenzie.
Mackenzie said: “The purpose of this deal is clear. Together we are creating a cyber resiliency powerhouse with the skills, expertise and technology to close the gap that currently exists between cyber security and data storage infrastructure.”
In 2021, Celerity attracted a £15m investment from BGF, one of the largest and most experienced growth capital investors in the UK and Ireland. This transaction follows Celerity’s acquisition of Chilli IT in May 2024. The deal will take the combined business turnover to more than £50 million and a team of 94.
Celerity’s CEO, Craig Aston, said: “Silverstring is an important acquisition for us as we’re aiming to boost our capabilities in cyber-secure data protection. Our customers look to us to realise their data’s potential and protect them in an ever-changing environment. We’re looking forward to bringing additional expertise and technology so we can continue to provide genuinely market-leading expertise and underpin our growth strategy.”
Harry Jones, partner at BGF, said: “Celerity has demonstrated impressive growth since our investment and this deal represents an important milestone for the business, adding both depth and expertise to the company’s proposition. Moving forward we’ll continue to look for complementary acquisitions that will drive more innovation and value for both clients and partners.”
