Announced
Completed
Financials
Tags
Private
Single Bidder
Acquisition
Management Consulting
Completed
Majority
Cross Border
information technology consulting
United Kingdom
Friendly
Synopsis
Telefónica Tech, an intelligent managed security services provider, completed the acquisition of Incremental, a provider of information technology consulting services, for £175m ($230m). “We warmly welcome Incremental Group, and are delighted that this acquisition enables us to strengthen our position as a leader in the UK market for IT services. We are now able to provide end-to-end Microsoft services, including digital transformation, managed services and data analytics, and achieve attractive cross-selling synergies with Telefónica Tech UK&I, complementing and positioning us as a leading Microsoft-focused company in the UK," José Cerdán, Telefónica Tech CEO.
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