Cloud and IT services, ERP and CRM provider Xperience has acquired Riverlite, an East of England provider of cloud, cyber security and IT managed services.
Hot on the heels of the acquisition of Bury St Edmunds-based Green Duck in October 2021, the Riverlite acquisition increases Xperience’s headcount to 150 (a rise of 42% in 12 months), expands its customer base to 1,150 clients across the UK and Ireland and increases annual turnover to approximately £21.5 million.
Xperience CEO Iain O’Kane said: “Growth across the UK remains a strategic priority, and Riverlite is a natural fit as we share a similar culture and values. Importantly, it achieves a leading presence in the East of England and strengthens our existing team nationally. It also provides another Cyber Security and data platform, which given the events of last year and continued global threats is a genuine benefit for our clients.”