iomart Group completed the acquisition of Concepta Capital for £14m.

iomart Group, an information technology and cloud computing company, completed the acquisition of Concepta Capital, a holding company of a group of companies which includes the ORIIUM and Pavilion IT brands, for £14m. “We are delighted to welcome the Concepta team to iomart, marking the resumption of our M&A activity in line with our strategic plans. After careful assessment of the market, in Concepta we found a business and team that fits within our strategic growth plan by, extending the Group’s product, skills and capabilities, strengthening our direct and indirect routes to market, and complementing the Group’s strong financial model," Reece Donovan, iomart Group CEO.