Managed Services, Cloud At Root Of December M&A Deals
Submitted by Michael Novinson and Jimmy Sheridan on
9. Columbus
Company acquired: Cambridge Online Systems
Head count: 71 employees
Annual revenue: $7.1 million
Purchase price: Not disclosed
Date of announcement: Dec. 1
Columbus acquired a leading IT services company specializing in ERP, CRM and the cloud to increase its footprint in the Microsoft 365, cloud and Office 365 businesses.
Copenhagen, Denmark-based Columbus said the joint entity will be among the leading value providers of digital business services to companies within the U.K.'s manufacturing, retail distribution and food verticals.
Waterbeach, U.K.-based Cambridge Online will continue as an independent company, with current Managing Director David Crabb leaving the company. Columbus U.K. Managing Director Mary Hunter will take over the Cambridge Online Systems managing director position.
