Tag: Riverlite

Cloudy Riverlite has buyout Xperience

Xperience has snapped up MSP Riverlite in a bid to improve its East of England experience.

For those not in the know, Riverlite offers cloud, cybersecurity and managed services to education, charities, hospice and private sector customers. It is run by managing director Paul Oggelsbt and chairman Mark Shields.

Xperience claims the deal creates “one of the biggest managed IT service providers in the East of England”, adding to its existing operations in Peterborough and Bury St Edmunds.

It is Xperience’s second acquisition within six months, having previously acquired Bury St Edmunds-based MSP Green Duck in October 2021.

The company’s headcount will grow from 42 percent to 150 staff, and increase its turnover to roughly £21.5 million and claims to support more than 1,150 clients across the UK and Ireland.