Faringdon, Oxfordshire, UK – March 15th, 2019 – CIS Ltd, a leading cloud, managed services, data security and IT services provider, and Red Fusion Ltd, one of Oxfordshire’s leading managed support and IT services firms, today announced the companies have entered into a definitive agreement under which CIS has acquired Red Fusion. This combination of two great companies builds one of Oxfordshire’s leading managed services providers by expanding the CIS team with more leading IT solutions experts, broadening the client list and providing solid revenue growth. It is also expected to drive the 14-month growth target an additional 10%. This acquisition is also expected to expand geographic coverage of Oxfordshire and neighbouring counties.
Under the terms of the agreement, which has been approved by the boards of directors of both companies, Red Fusion’s team will join CIS and continue to bring their expertise to support the dynamic growth of CIS. Red Fusion clients will be seamlessly integrated into the CIS solutions set and will benefit from a new range of capabilities, skills and IT solutions.
Neill Lawson-Smith, Managing Director of CIS Ltd, said, “Bringing Red Fusion into the CIS Team is based on a mutual understanding of customer values and service. It has been obvious to us all that we share the common vision of ensuring our customers have the most reliable and cost-effective IT systems. Red Fusion staff build on the strengths already at CIS, and together we look forward to a very successful future.
This acquisition represents an important building block as we continue to grow one of the leading IT companies in Oxfordshire. With its installed base of customers, Red Fusion brings to the table a great opportunity for CIS to offer more solutions to help Red Fusion clients to continue to grow and succeed. We intend to continue to strengthen these offerings to meet the growing demand for IT, Cloud, Data Security, Communications, and Infrastructure as a Service.”
Ernie Moss, the MD of Red Fusion said “We are excited to have joined with CIS. This combination aligns our IT expertise with the significant CIS engineering staff, and a new set of cutting-edge solutions. Our team will join an organisation which shares our values of innovation, collaboration and engineering excellence. We look forward to completing the acquisition and ensuring a smooth transition for our team and clients.”
The Sales Director of Red Fusion, Phil Saville said “We had worked with CIS several months prior to the merge and loved the energy, focus and expertise of the team. They delivered the same values and energy we valued when working on ad hoc projects with our client. We could see the huge benefits that CIS solutions could add. By combining CIS services with what Red Fusion provided, it allows us to not only serve our existing clients better, but also allows the new entity to be the No.1 IT Solutions & Support firm, from the ground to the cloud! Exciting times ahead.”
The synergy between CIS and Red Fusion will allow for greater market expansion, as well as a decrease in overall operating expenses. This allows for greater efforts in new product development to keep the CIS solutions cutting edge. The efficiencies gained by the purchase will also allow for increased marketing efforts. As a result, the sales and marketing teams of CIS will expand accordingly, to meet the current demands of the market and the significant growth this purchase helps to create.
CIS is a UK-based Limited company headquartered in Faringdon, Oxfordshire and a leading IT solutions provider in the UK and beyond. With a wide range of cloud, security, connectivity, communications and support solutions, CIS’ extensive product portfolio serves businesses of all sizes across many vertical markets including, law, accountancy, architecture, engineering and services industries.
About Red Fusion
Red Fusion is an Oxfordshire based IT managed services provider delivering the highest quality and bespoke IT support, solutions, training and services. From humble beginnings, there was always a determined approach to providing appropriate IT solutions that can integrate with any kind of business. With that philosophy Red Fusion grew to become one of Oxford’s best and most trusted IT support companies.
For more information, please contact CIS at firstname.lastname@example.org