Manchester firm's merger creates largest dedicated Google Cloud practice in Europe
Manchester-based Cloud Technology Solutions (CTS) has merged with application development and machine learning specialist Qlouder in a deal that creates the largest dedicated Google Cloud practice in Europe.
The merger marks a significant international expansion for the business and will see the creation of a 150-strong team offering expertise in app development, data science and machine learning.
The business will operate from offices in the UK and Netherlands, enabling it to "significantly" expand its services across the continent.
The deal is the first since NorthEdge Capital invested in CTS in March to support the firm’s growth ambitions.
James Doggart, chief executive officer at CTS, said: “This merger is a very significant step for the business. It lays the foundation for us to expand our presence and strengthen our offering at a time when the market for our expertise is growing rapidly. We view this as a real opportunity to penetrate further into the European market as the sole provider of a full-service Google Cloud solution.
“Qlouder enjoys an enviable reputation as a leader in application development and data science. Joining forces will enhance the services both existing and prospective clients can access, enabling them to harness the power of big data through machine learning and AI to unlock business potential."
CTS employs over 100 people at its offices in central Manchester, London, Belfast, Edinburgh and remotely, and its clients include Manchester City Council, Kempinski Hotels, RoadChef and the RSPCA.
Following the merger, CTS will sit as the business’ parent brand and will continue to operate under the Qlouder brand for Google Cloud Platform data projects.
Stefan Hogendoorn, co-founder of Qlouder, added: "We have always enjoyed a strong working relationship with the team at CTS. Given the market conditions and the fantastic opportunities for growth, merging was the ideal next step.”
The merger was led by Jon Pickering, partner, and Dan Matkin, investment manager, at NorthEdge Capital.
Pictured top: Stefan Hogendoorn of Qlouder (left) and James Doggart of CTS