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Telefónica Tech Completes the Incremental Group Deal for £175 million

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Leading Microsoft Dynamics partners in the UK, Incremental Group was acquired by Intelligent managed security service provider, Telefónica Tech for an amount of £175 million. The deal will enable Incremental Group to focus on long-term investments in recruitment and development.

Incremental Group is one of the major Microsoft Dynamics partners in the UK and an important player in the data analytics market. The organization is one among the two partners in the EMEA (East Middle East, Africa region) on Microsoft’s Global Advisory Board for data analytics and Microsoft Inner cycle member for the last three years.

The firm has also experienced considerable growth in recent years and after launching in 2016, the firm was able to accumulate a revenue of over £40 million. IT consultancy firm, Redspire was acquired by Incremental group at the beginning of 2021, and it made them the largest Microsoft Dynamics partners in the UK and was able to enhance their financial capabilities, and data analytics firm Adatis was also acquired to provide end-to-end digital transformation for its client.

“As we looked ahead to the next stage of our development, it was important that we secured Incremental the right support for the long term. Becoming part of Telefonica Tech propels us into the next phase of our journey and enables us to further scale the business, creating exciting opportunities for our people and our customers,” said Neil Logan, current CEO at Incremental Group.

Telefónica Tech has considerably increased its size and capabilities in Microsoft technologies as a result of this new deal, making it one of Microsoft’s largest partners in the UK, with 16 Gold Competencies and 5 Advanced specializations. With these strengths, Telefónica Tech strengthens its leadership position in the UK market, which is widely regarded as Europe’s largest and fastest expanding IT services market.

Telefónica Tech CEO, José Cerdán stated “We warmly welcome Incremental Group, and are delighted that this acquisition enables us to strengthen our position as a leader in the UK market for IT services. We are now able to provide end-to-end Microsoft services, including digital transformation, managed services, and data analytics, and achieve attractive cross-selling synergies with Telefónica Tech UK&I, complementing and positioning us as a leading Microsoft-focused company in the UK.

Telefonica Tech UK&I’s cloud services portfolio can enhance its end-to-end cloud offering for mid-market, large enterprise, and government customers using the business applications, power apps, data analytics, and management capabilities of Incremental Group.

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