Arrow Business Communications acquires Altinet

  |   Mergers & Acquisitions news
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The leading provider of IT security and storage service, Altinet was acquired by Arrow

Following the recent investment in Arrow by MML, Arrow is rapidly evolving its IT offering and the fast growing Altinet business provides an ideal first acquisition in the next phase of Arrow’s growth. All the Directors and employees of Altinet will be remaining and will work within the Arrow group, ensuring a smooth transition for all of its valued clients.

Daniel Bailey and Henry Doyle, founders of Altinet, will continue to lead a number of key customer relationships and day to day activities. Dan and Henry commented,

"We have been considering the best way to maximise the potential of our business and in Arrow we have found a great home for Altinet. As a Cyber Security specialist, we are excited to be joining the Arrow family and see this as the natural next step for the continued growth of the business. We are looking forward to working with Richard and the Arrow team in continuing to support our existing customers and working with Arrow customers through their security challenges”.

Altinet has over 400 customers and has deployed a range of cyber security and storage solutions into both the private and public sector. Recently named the Barracuda EMEA partner of the year, due to the level of growth and success achieved in 2019, Altinet are well placed to take advantage of an ever increasingly complex requirement for cyber security solutions to deal with the continual increase in cloud infrastructure and application adoption across all sectors.