Stockport cybersecurity specialist expands into Europe via latest acquisition

Stockport based specialist IT cybersecurity distributor Distology has announced that it has acquired Berlin based software consultancy Squareball.

Already working with two of Distology’s core vendors, Okta and Auth0, the new partnership will naturally bolster Distology’s European proposition thanks to Squareball’s “recognised excellence” in design and implementation of IAM/CIAM solutions.

As well as strengthening the business, the acquisition will allow Distology to reach a broader and more diverse pool of partners across Europe by building a channel-focused distribution sales team in Berlin. It will also give Distology the chance to support Squareball in achieving its long-term vision in product and identity engineering on a broader scale.

The acquisition follows a period of growth for the channel-focused cybersecurity specialist, having increased its revenues by more than 75 per cent over the past three years while also gaining private equity investment from NorthEdge Capital in 2021.

In November 2021, Distology opened a new office in the Netherlands, meaning the acquisition of Squareball will be Distology’s third European office.

Hayley Roberts, Distology CEO, commented: “When we started our acquisition journey, we were recommended to Squareball by one of our vendors and as soon as I met with Martyn, CEO and founder, his passion for the business was clear.

“The acquisition is a big step for both businesses and I truly believe this collaboration will enable us to provide additional high-quality services for our partners and their customers across Europe.

“It’ll also help us to expand our reach and support even more organisations to protect their digital estates from the growing threat of cyber-attacks through a deep understanding of product engineering, while educating organisations on the part identity and access management plays at the core of zero trust architecture”.

Martyn Roberts, CEO and founder of Squareball, added: “Since starting Squareball in 2017, we’ve been able to establish our position in the market as experts in software engineering with emphasis on identity and access management.

“Now is the perfect time for us to join forces with Distology, a reputable channel-focused cybersecurity specialist and distributor who has an extensive, yet hand-picked roster of partners, to double down on delivery and grow.”

By Matthew Neville – Correspondent, Bdaily

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