Redsquid completes 3rd Scottish acquisition to transition into Scottish Powerhouse

Redsquid has announced its acquisition of RedMosquito, based in Glasgow, Scotland. This marks Redsquid’s third acquisition in Scotland and the fourth acquisition this year, further solidifying its position as the leading IT solutions provider in the Scottish region.

An expansion in Scotland

Following Redsquid’s first acquisition in Aberdeen November last year, and in Fife April this year Redsquid continues its invest and growth in the area. With RedMosquito, the Scottish team grow to over 40 team members, making sure a full team is available across all technology services for its customers in the area.

With a new office presence and the addition of RedMosquito’s large and experienced team Redsquid’s presence now more than doubles pacing the way for faster delivery and increased services that can be delivered as top-tier solutions with agility and precision.

Sohin Raithatha, CEO of Redsquid, shared “I am very pleased to continue our investment in Scotland, and grow the Redsquid community across the wider UK. The team that RedMosquito bring will add immense value to the Scottish team which immediately will be shared with the wider customer base. Redsquid and RedMosquito seems a match made in heaven – we are ready to make a real difference in Scotland.”

Neil Rowney – Co-founder of RedMosquito stated: “With our 26th anniversary of trading in October this year we are delighted to announce the successful acquisition of RedMosquito by Redsquid. In Redsquid, we’ve finally found a like-minded organisation that shares our ethos and values, and which is perfectly placed to continue the RedMosquito success story. We’re especially pleased that our valued customer base built up over the last 26 years has found a safe new home and will now benefit from enhanced resources and services under Redsquid’s stewardship, ensuring their continued success and support.”

This acquisition signifies Redsquid’s continued growth and ambition, supported by strategic partnerships and expert advice. It is a testament to Redsquid’s success in cultivating a robust and sustainable business model, ready to tackle future challenges and opportunities in the IT sector.

The acquisition of RedMosquito was facilitated with strategic advice from Altenburg Advisory and marks Redsquid’s third acquisition in Scotland with 20 new team members and a Glasgow office presence. Supported by ThinCats, this is Redsquid 4^th acquisition this year.

Founders Sohin Raithatha and Vince Mignacca remain as the only shareholders and will continue to lead the company, having successfully grown it over the last 19 years.

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About Redsquid

At Redsquid, we are dedicated to transforming the way our customers do business through innovative IT consultancy and support services. As a certified B Corporation, we prioritize sustainability and social responsibility while partnering with industry leaders like Microsoft to deliver state-of-the-art solutions. Our mission is to enhance efficiency, boost productivity, and reduce costs for our customers, helping them stay ahead in the ever-evolving technology landscape.

For more information about Redsquid, please visit: www.redsquid.co.uk

About RedMosquito

We’re here to help you achieve your goals faster and more easily – no matter how ambitious they are. We go beyond servers and networking, and act as your strategic partner, driving your success by giving you the right technology to enable your business strategy.