Akari Solutions Group, Ltd, the Glasgow-based Microsoft solution partner, has been acquired by US-based Woolf Partners.
As a technical firm, Akari specializes in tailored solutions using the Microsoft technology stack and apps that sit on top of Microsoft Teams and the Power Platform, to solve specific business challenges.
Stuart Fenton, Managing Partner for Woolf Partners, announced that significant investment would be made to expand the business’s capability, capacity and scale.
“This is a strategic investment to build upon the tremendous potential of Akari’s innovative technical talent and ideas that have already made such a positive impact,” he said.
Woolf Partners was advised by martinwolf, specialists in mid-market mergers and acquisitions focusing on Microsoft, Oracle and ServiceNow Channel Partners, as well as MSPs, MSSPs, and IT Services businesses.
Akari’s capabilities in consulting, implementation and manages services extend across the fastest growth areas for Microsoft’s Power Platform, which comprises Power Automate, Power BI, Power Apps and Power Virtual Agents, as well as Microsoft Modern Workplace and Microsoft Teams.
Andrea Bright, formerly COO of QUANTIQ will become the new CEO of Akaria; company founder Margaret Totten will remain on the company’s board and focus on marketing.
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Other new appointments include Derek Walton as Chief Financial Officer, with Woolf Partners Mike Lazenby and Peter Martin becoming non-executive board members.
Totten commented “Stuart and his team bring capital and a wealth of experience to help drive and grow Akari to greater heights – we continue to be committed to Microsoft technologies and expect to expand within Power Platform, Teams, Modern Workplace, Data & Analytics and Security.”
Future plans for the company include opening a new office in London near Microsoft in order to enable a closer working relationship.
Akari’s base, however, will remain in Glasgow, with hybrid working still in place.
Andrea Bright commented: “I am thrilled to be working with the team at Akari to scale the team, add more capabilities and bring these technologies to many more clients in the UK and beyond.”
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