Services provider Kerv now boasts turnover of £50m with the acquisition of Gyrocom.
Kerv was formed last year with the amalgamation of DoubleEdge Professional Services, Metaphor IT, and Foehn into one £30m-revenue entity.
Surrey-based Gyrocom is a network and systems integrator that specialises in SD-WAN. Founded in 2006 by Grahma Borwn and Ryan Coombes, it counts VMware, Cisco, ZScaler, and Fortinet among its vendor partners. It has 23 enterprise customers and its recurring revenues are growing at over 20 percent.
The acquisition not only boosts Kerv’s revenues to £50m, but also brings its headcount to over 400 and it now has 750 public and private sector mid-market customers.
Its purchase adds Secure Access Service Edge (SASE) skills to Kerv’s portfolio. Gyrocom will operate as Kerv’s specialist networking and security division and its services will “significantly enhance” Kerv’s credentials in its Transformed Infrastructure core pillar.
“Gyrocom brings important new and strategic skills to Kerv across SD-WAN and SASE in particular,” stated Alastair Mills, Executive Chairman of Kerv.
“Their growth trajectory and ability to win major network transformation contracts are testament to their capabilities and their product-market fit. In addition – and always importantly for Kerv – we’re confident that the team led by Graham, Ryan, and [fellow director] Jane Hamlyn are an excellent cultural fit for our company dynamic, and they share our relentless focus on employee and customer experience”
Graham Brown, Managing Director of Gyrocom, added:
“We are delighted to be joining the Kerv team for the next stage of Gyrocom’s journey. When Kerv approached us, we weren’t looking to sell but in getting to know the team over the course of this year, we saw the potential for an excellent fit, both strategically and culturally.
“We operate in a particularly exciting part of the market and we are genuinely excited to join the Kerv family and continue to grow our business together.”
