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Dediserve acquired by Iomart Group plc
Dediserve, a Dublin company specialising in cloud computer services, has been bought for €7.9m cash by Iomart Group, a Scottish IT provider that is listed on the junior market in London. The deal is a windfall for Dediserve director Stephen McCarron, who owned 70% of the business, and managing director Aidan McCarron, who had 30%. Stephen McCarron previously set up Hosting365, which was bought by US firm SunGard in 2010. Iomart, which is valued at £330m (€375m) on the Alternative Investment Market, said: “There are no plans for change [at Dediserve] other than continued investment and growth in the company and the team.” Dediserve provides cloud hosting in 10 locations around the world and has more than 1,500 customers. The company made nearly €300,000 profit…
Congrats to @dediserve