The agreement is part of Calligo’s continuing growth strategy and gives Calligo a stronger presence in Guernsey, enabling it to provide higher levels of service to clients on the island. Calligo already operates a large cloud infrastructure in Guernsey that provides a full range of services to Calligo’s worldwide clients.
All existing Fusion contracts will be honoured under the agreement, ensuring that their IT services clients continue to receive full support from local staff, along with new access to the extended capabilities and information security standards that Calligo offers as a global cloud provider.
Fusion’s Fintech software division, that produces the Flyingboat Wealth Management Software, is not part of the acquisition and will continue to be run by the team remaining with Fusion and led by Alan Rowe.
Founded in 2011, Calligo provides trusted, privacy-conscious cloud solutions to businesses across the globe. Calligo’s emphasis on data privacy and residency enables clients to leverage the advantages of combining advanced and innovative Cloud technologies, unrivalled expertise and a commitment to the highest level of standards based compliance and security. The business services hundreds of clients worldwide from its locations in Jersey, Guernsey, United Kingdom, Switzerland, Singapore and Bermuda.
“We’re delighted to acquire the IT services division of Fusion Systems as part of our successful growth strategy,” said Julian Box, Calligo’s Chief Executive Officer. “We know that Fusion’s excellent reputation for customer-focused performance and high levels of service will make this a great acquisition that gives us a superb team, respected clients and expands our capabilities into Guernsey. We will now be able to provide even higher levels of service to our Guernsey clients and give them more regular access to our expertise.
“With the backing of our investor Investcorp Technology Partners, we are actively looking to execute further strategic add-on acquisitions over the coming months as we continue to expand our global footprint.”
Alan Rowe, Managing Director, Fusion Systems, said: “We are very excited to have concluded this agreement with such a respected and energetic business as Calligo. Calligo’s deep commitment to customer service means our clients will benefit from its proven cloud services and security expertise, while continuing to enjoy the highest standards of local support.”