Dutch MSP Your.Cloud expands UK footprint through HDUK

AMSTERDAM, THE NETHERLANDS — Your.Cloud, a Dutch managed service provider (MSP), has officially entered the UK market with its acquisition of HDUK, a provider of hosted desktop solutions specifically for the accountancy sector.
This marks Your.Cloud’s first step towards becoming the top MSP in Europe. HDUK, known for its high-quality service and impressive track record, has been operating since 2010 and caters primarily to accountancy professionals. The company boasts over 7,500 users and maintains offices in Exeter and Manchester.
“Whilst still providing our customers with the premium and personal service they have come to expect, we will benefit from being part of a larger group of decentralized European IT companies,” said Matthew Healey, CEO of HDUK.
“This means faster adoption of technological advances and the sharing of best practices will help our customers to concentrate on what they do best and leave the IT to HDUK.”
Strategic growth and integration
The integration into Your.Cloud’s family is seen as a strategic move to leverage HDUK’s market position and expertise to enhance Your.Cloud’s presence in the UK. This acquisition allows HDUK to continue its operations under its established name while integrating Your.Cloud’s advanced technological capabilities, such as the 24×7 SOC-SIEM proactive cybersecurity platform.
John Reynders, CEO of Your.Cloud, expressed enthusiasm about the merger, noting, “In speaking with the HDUK team we quickly concluded that we would be a very good fit together, sharing a lot of the values when it comes to entrepreneurship, innovation and dedication. Having that shared vision on what is needed to become successful and to grow is what makes HDUK and Your.Cloud such a great fit and a combination set up for success.”
Supported by industry experts
The acquisition was facilitated by Crowe and Dow Schofield Watts, with Crowe’s corporate finance team playing a pivotal role in advising Your.Cloud.
Andy Kay from Crowe remarked on the significance of this move, “With the acquisition of HDUK, Your.Cloud has made a great first entrance into the UK, and they are looking to expand their position in the UK and Europe from here, both via further acquisitions and organic growth.”
While specific terms of the deal were not announced, it signifies Your.Cloud’s ambitious growth strategy and also showcases its commitment to enhancing IT service offerings across Europe, starting with this significant foray into the UK market.