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KBS Corporate has advised on the sale of IT services and solutions specialists, VirtiousIT Ltd, to Cloudstream Technology Ltd.
Based in Bathgate, West Lothian, VirtuousIT offers a range of IT solutions such as Auditing, Cloud Computing, Health Checks, Data Protection and Telecommunications services. The business is a Microsoft Certified partner offering unmatched support services through fixed price unlimited on-site support for all hardware, software and network problems.
KBS Corporate attracted over a dozen interested parties before an acceptable offer was agreed with Cloudstream Technology Ltd, a Fife-based IT consultant offering a range of technology and Connectivity solutions throughout the UK.
The acquisition forms part of Cloudstream’s current buy and build strategy, with the intention to acquire several businesses to form a market leading IT services group.
The deal was led by Sonia Cottrell of KBS Corporate who acted on behalf of the seller.