Inspired By Technology acquisition advised by KBS Corporate
Inspired By Technology Limited has been acquired by Cloudstream Technology Ltd in a completion which KBS Corporate advised upon.
Operating from its base in Scotland, Inspired By Technology is a technology solutions and consultancy provider offering a comprehensive range of technology and telephony services.
Established in 2005 under the name Reston Consulting Limited, the company has since developed a potent reputation within its industry for the provision of services including proactive maintenance, server monitoring, helpdesk support, email hosting and GDPR compliance. It also provides an extensive range of hardware solutions such as laptop rental and the supply of computer peripherals.
During its trading history, the business met the high-quality standard of criteria necessary for the following partnerships: Microsoft Silver Partner, Avast Business Silver Partner, Cisco Meraki Partners and Purple WiFi Partners.
Our clients, Kenny and Jacquie Walker, the shareholders of Inspired By Technology, stated a desire to leave the business in order to allow the company to reach its full growth potential. KBS Corporate was instructed to fulfil their hopes of finding a suitable trade buyer with plenty of sector knowledge and the capability to ensure growth.
A research strategy was put in motion attracting several interested parties, predominantly UK-based trade buyers, resulting in a deal agreed with Ian Maclellan of Cloudstream Technology, a serial acquirer of IT and related companies in Scotland.
Fife-based Cloudstream Technology is a technology partner which has managed clients’ IT, web, software and communication services for almost twenty years.
Post-acquisition, Kenny will remain in a permanent role at Inspired By Technology, working alongside the new owner.
Fabio Rambelli, Deal Executive at KBS Corporate advised our clients during the acquisition process.