HeleCloud kicks off European expansion with OlinData acquisition
Tuesday, September 3, 2019
Financial details of the deal were not disclosed. OlinData is HeleCloud’s first acquisition as part of its ongoing growth across Europe, supported by BGF, the…
HeleCloud, an AWS Advanced Consulting and Managed Services Partner, has announced the acquisition of OlinData, an AWS Advanced Consulting Partner based in the Netherlands, specialised in Open Source Infrastructure.
Financial details of the deal were not disclosed. OlinData is HeleCloud’s first acquisition as part of its ongoing growth across Europe, supported by BGF, the UK and Ireland’s most active investor.
Dob Todorov, CEO and CCO, HeleCloud said “I am extremely excited to be welcoming Walter, Mine and the team to HeleCloud.
“Just like HeleCloud, OlinData is highly experienced in helping customers build better businesses on the AWS Cloud. By acquiring OlinData, we are able to establish a strong presence in the Benelux and further fuel our ambitions to be at the forefront of the Cloud services business in Europe.”
As an AWS Advanced Consulting Partner, OlinData helps enterprise-level and mid-size businesses optimise usage, reduce costs and streamline set-up through a combination of consultancy, engineering and remote management offerings.
While the company is known for its specialist expertise in open source, the OlinData team also have in-depth skills across a wide range of technologies including Icinga, MySQL, and Puppet. With OlinData, HeleCloud will continue to help business overcome a wide range of technical barriers and deliver on the promise of Cloud.
Today, HeleCloud operates in London, England and Sofia, Bulgaria with 73 employees spanning both countries. The business received a £2m investment from BGF in October 2018 to further accelerate its development strategy. By the end of 2019, HeleCloud expects to surpass 100 employees and achieve more than 200% growth.
“We are thrilled to be joining forces with HeleCloud,” said Walter Heck, CEO of OlinData.
“By combining our specialist expertise and complimentary service portfolios, OlinData and HeleCloud can offer customers an even better equipped team of proven experts within the fields of security and compliance, open source, DevOps, advanced analytics and process models as well as AWS certified consultants and engineers.”