Ten10 Solutions Acquires The Scale Factory to Enhance AWS Services
Deal News | Nov 18, 2024 | Globenewswire
Ten10 Solutions Limited, a leading IT consulting company, has announced its acquisition of The Scale Factory, an AWS Advanced Consulting Partner based in London. This strategic acquisition aims to enhance Ten10's service offerings in Cloud, DevOps, Quality Engineering, and Automation by incorporating The Scale Factory's expertise in B2B SaaS infrastructure improvements and support. Ten10 CEO Richard Frodin emphasizes that this acquisition aligns with the company’s strategic growth plans, allowing them to extend their market leadership and develop their Tech Academy talent pipeline. The Scale Factory CEO Jon Topper believes the acquisition plays to both organizations' strengths, presenting new opportunities to enhance customer services and support growth for ambitious SaaS businesses.
Sectors
- IT Consulting
- Cloud Computing
- Software as a Service (SaaS)
Geography
- United Kingdom – Both Ten10 Solutions and The Scale Factory are based in the UK, making this the primary geographical context.
Industry
- IT Consulting – This industry involves providing expert advice and services in information technology, which is relevant as both Ten10 and The Scale Factory operate in this field.
- Cloud Computing – The acquisition centers around expanding cloud services, making the cloud computing industry a key aspect of the article.
- Software as a Service (SaaS) – The Scale Factory specializes in B2B SaaS, focusing on cloud solutions, highlighting the relevance of this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ten10 Solutions Limited | Acquirer | Company | An IT consulting company specializing in Automation, Quality Engineering, Cloud & DevOps services. |
| The Scale Factory | Target | Company | A cloud infrastructure consultancy and AWS Advanced Consulting Partner offering services in B2B SaaS. |
| Richard Frodin | CEO of Ten10 | Person | CEO of Ten10 Solutions, leading the strategic acquisition to boost their cloud services. |
| Jon Topper | CEO of The Scale Factory | Person | CEO of The Scale Factory, supporting the merger as a natural fit for both organizations. |