Sabio has written a cheque for DatapointEurope as part of a cunning plan to give it a bigger European footprint.
Sabio sees itself as a significant European customer experience managed service player. The exact terms of the deal were undisclosed but described as a “multi-million pound acquisition” for a business that when combined with Sabio creates a £60 million revenue business.
Sabio wants to double the size of its business through both organic growth and acquisition and got a boost with an investment from Lyceum Capital last year. Last year it added SaaS specialist Rapport and has been developing its own skills in house.
DatapointEurope gives Sabio a continential presence and takes the enterprise customers up to 250, across three continents.
Sabio’s CEO Andy Roberts said: “Geographical expansion is critical to Sabio’s growth plans, so the acquisition of DatapointEurope – with its broad reach across Europe and the Americas – is an important next step for the company.”
