FluidOne Acquires project five

April 27, 2023

FluidOne has acquired Surrey-based IT managed service provider project five, adding approximately 45 employees and ~200 local business customers to its Business IT Centre of Excellence. The deal expands FluidOne's regional branch network—creating a £30m revenue Business IT CoE combining c.930 customers and 134 employees—and keeps the existing project five leadership in place with founder Steve Coburn transitioning to a board consultant role.

Buyers
FluidOne
Targets
project five
Platforms
FluidOne
Industry
IT Services
Location
Surrey, United Kingdom
Transaction Type
Addon

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