IT firm razorblue expands with Sarn Technologies deal
August 10, 2021
An IT firm has expanded further north of the border after taking on a fellow market operator.
Connectivity and business software provider razorblue has bought Stirling-based Sarn Technologies for an undisclosed sum.
Bosses say the deal will allow it to “continue providing an excellent service to existing clients of both companies, but many other businesses across Scotland.”
The acquisition comes after razorblue – which is now looking to secure a larger office in Scotland to accommodate future growth – enjoyed its most successful financial year to date, achieving a 32 per cent increase in turnover across 2020/2021.
Over the last four years, it has seen turnover rise by 128 per cent, with officials revealing it is primed to reach £20 million turnover by 2023.
Dan Kitchen, chief executive of razorblue, which is headquartered in Colburn, near Catterick, North Yorkshire, and has further offices in Newcastle and Wynyard, Billingham, said: “We’re excited to have expanded our business further into Scotland.
“While our roots are in the North of England, our client base is located throughout the UK.
“It makes sense to acquire a business that is already doing what we do, but in a different location.
“Our shared experience of 30 years and alignment of values will ensure this is a seamless transition with minimal disruption to ongoing commitments and service levels.”
He added Sarn clients will benefit from other products and services in razorblue’s portfolio, such as cloud and telecoms solutions.
Graeme Scott, Sarn managing director, said: “This acquisition is set to be a perfect blend of technical synergies, fitting with our aspirations for the future.
“I can say with confidence that razorblue aligns with our values, and they too lead with a customer-centric approach to business.
“There will now be a more extensive range of services available to our valued customers, as well as career progression opportunities for the technical team.”
Picture caption: Graeme Scott, managing director of Sarn Technologies, left, with razorblue chief executive Dan Kitchen