Brillio recently acquired London-headquartered advisory service provider, CloudStratex as it continues its efforts to expand its cloud advisory and digital transformation service offerings to Europe-based clients, according to a press release. The terms of the deal were not disclosed.
"We are delighted to join a like-minded, high-growth organization such as Brillio," Adrian Overall, CEO of CloudStratex, said. "In Brillio, CloudStratex has found a digital-native partner propelled by the same values and founder mindset that have helped CloudStratex become one of the fastest-growing technology advisory service companies in the UK. Brillio's global reach, diverse industry experience and entrepreneurial culture will allow us to unlock the benefits of scale and a broader portfolio of digital skills, services and solutions, which are critical for us to drive future growth and provide greater opportunities for our clients."
The acquisition is expected to leverage Brillio’s operational presence in the UK and Europe, and add services aimed at banking, financial and insurance (BFSI)-related clients.
“The combination of Brillio's digital engineering capabilities, industry-oriented solutioning and global execution model with CloudStratex's advisory and cloud infrastructure expertise, deep client relationships and reputed leadership will further strengthen the two companies' ability to deliver superior business outcomes and experiences to their joint clients,” a recent press release stated.
CloudStratex's current priority is providing cloud infrastructure advisory services to customers based in the UK and Europe.
"The combined strength of Brillio and CloudStratex not only underscores our focus on the UK, Europe and the BFSI sector, but also adds to our deep expertise in making IT more agile by helping enterprises move to secure cloud and modern engineering environments. Our clients globally will benefit from the acquisition," Raj Mamodia, founder and CEO of Brillio, said. "This will open exciting new avenues for us to collaborate with our clients in not just building agile and efficient infrastructure, but also uncovering actionable insights from it to create greater business value. We are thrilled to welcome CloudStratex's talented professionals to Brillio and look forward to leveraging our well-aligned expertise and values to turn technology disruptions into competitive advantages for our clients."
Established in 2019, the company counts with the support of more than 170 technology and consulting experts, most of which are based in the UK. Serving more than 15 Global 2000 multinational companies, the team ranked 27th in the Sunday Times 100 list.