CloudClevr announces its fourth acquisition with conclusion of deal to acquire Twisted Fish IT

11 Apr 2024

Rigby Technology Investments-backed CloudClevr has announced the acquisition of Twisted Fish IT, a leading IT Services Management business based in London.

This major investment follows prior investments in NGC Networks, 4Sight Communications and Bamboo Technology Group and gives the CloudClevr group deeper and broader IT services skills and strengths, bringing important complementary capabilities to the group, in particular its strong Microsoft partnership and status as Microsoft CSP. With strong communications, cloud and IT capabilities now in place, CloudClevr brings a compelling and competitive converged proposition to the UK market, underpinned by the recently-announced Clevr360 software platform. 

The investment will allow Twisted Fish IT, which continues to be run by the incumbent management team, to accelerate its own strategic plans and realise its growth ambitions as part of the growing CloudClevr Group.             

As with prior acquisitions, CloudClevr will be supporting Twisted Fish with access to complementary cloud-based propositions for its customers; investment in sales and marketing; and will also be supporting the business through shared services to allow Twisted Fish to concentrate on customer management, sales and technical leadership.

Commenting on the acquisition, Ben Woodhouse, Twisted Fish Managing Director said “I am delighted to conclude the deal with CloudClevr and I’m pleased to be staying on as Managing Director, alongside my leadership team, to drive the next level of growth within our business. An important consideration to me was that we join an exciting, high-growth business that has the same strong cultural and directional fit as Twisted Fish. In CloudClevr, we found the perfect partnership which will be immensely positive for the current team at Twisted Fish and importantly for our customers too.

Steve Harris, CEO CloudClevr said “I am delighted to land Twisted Fish and to add to the already strong IT foundations that we have. With our four recent acquisitions we have a potent combination of expertise and skills to match the vision and drive that we have to take CloudClevr on a journey of fast growth. With 180 employees, run-rate revenues of more than £30m, and 2,000+ customers we have a very strong base for organic growth”.

CloudClevr is a new venture, with majority investment coming from Rigby Technology Investments (RTI), the specialist investment business within Rigby Group PLC.