The combined group is now a ..35m revenue business with more than 330 employees, serving over 800 customers, with offices in London, Birmingham, and Bangalore, India. CloudThing is a Microsoft Gold Partner and has excellent credentials in the government, non-profit and membership organisation verticals. The deal was funded using part of a recently announced ..70 million credit facility. It is Kerv’s fifth acquisition in under a year and its largest to date in terms of value, revenue and headcount.
Source: https://www.helpnetsecurity.com/2021/05/07/kerv-cloudthing/