iomart Group completed the acquisition of ORIIUM, Pavilion IT and P2 Technologies for $18m.

iomart Group, a cloud computing company, completed the acquisition of ORIIUM, Pavilion IT and P2 Technologies, IT services firms, for $18m. "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.