Dutch managed service provider Your.Cloud has entered the UK market through its purchase of Exeter-based HDUK.
HDUK, which was established in 2010 as Hosted Desktop UK, provides 7,500 users with hosted desktop solutions for the accountancy sector in the UK. Its products remove the need for traditional, in-house IT infrastructure.
Your.Cloud has the ambition of becoming the leading managed service provider (MSP) in Europe and plans future buy-and-build in the UK.
Matthew Healey, chief executive at HDUK, said: “Whilst still providing our customers with the premium and personal service they have come to expect, we will benefit from being part of a larger group of decentralized European IT companies.
“This means faster adoption of technological advances and the sharing of best practices will help our customers to concentrate on what they do best and leave the IT to HDUK.”
John Reynders, chief executive at Your.Cloud, added: “HDUK is one of those examples where years of focus pays off to become a leader in a specific segment.
“Their position in the accountancy sector in the UK is very impressive and can only come from building the trust and knowledge needed to build services that are aligned with the needs of the sector.”
Crowe corporate finance partner Andy Kay, director Phoebe Turner and manager Nick Martin advised Your.Cloud on its deal, providing transaction support and due diligence.
