Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

CALLIGO ACQUIRES CANADIAN-BASED CLOUD SERVICES BUSINESS

CALLIGO ACQUIRES CANADIAN-BASED CLOUD SERVICES BUSINESS

Calligo, a leading global cloud solution provider, is excited to announce that it has purchased Canadian cloud services provider 3 Peaks Inc.

The acquisition of the Burlington Ontario and Vancouver BC based business, which has clients right across Canada and the USA, is an important step in Calligo’s ongoing growth strategy which includes expansion into North America.

All existing 3 Peaks clients will continue to receive the high levels of service they have become accustomed to along with access to the extended capabilities and data privacy enabled services that Calligo offers as a global cloud provider.

“We’re delighted to have acquired 3 Peaks as part of our continuing growth strategy,” said Julian Box, Calligo’s Chief Executive Officer. “We now have a firm focus on North America and this acquisition will allow us to provide our unique GDPR-enabled infrastructure and services to clients based there.”

“We know that 3 Peaks’ excellent reputation for customer-focused service delivery will make this a great acquisition, giving us a superb team, respected new clients while expanding our capabilities into this exciting market.”

Founded in 2011, Calligo provides trusted, privacy-focused and GDPR-enabled 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 the United Kingdom, Jersey, Guernsey, Switzerland, Singapore, Bermuda and Luxembourg.

Ian Clark, CEO, 3 Peaks, said: “We are very excited to have concluded this agreement with such a respected and innovative business as Calligo. Calligo’s deep commitment and understanding of data privacy means our clients will benefit from their expertise and unique service offerings, while continuing to enjoy the highest standards of local support.”

Box added: “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.”

ABOUT 3 PEAKS INC. 3 Peaks is a cloud provider that started in the cloud business by providing POP email since 1999.  Over the years with four acquisitions they have built solid cloud offerings in both Toronto and Vancouver.  3 Peaks offer a complete set of services including email, website hosting, backups and infrastructure as a service.  With a stellar support team, they can provide any type of cloud offerings to help your business excel in productivity and ease the burden of internal IT.

ABOUT CALLIGO Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud platforms. Through its four pillars of focus, Calligo delivers a platform that businesses can trust to deliver the high level of service and protection they expect and which is lacking in many cloud offerings.

Q Advisors, a leading TMT investment banking boutique, acted as financial advisors to Calligo for this transaction.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post