Rigby Group has announced that its mobility specialist One Point and data delivery business Fluidata are to combine their services, creating an end-to-end connectivity offering poised to make a significant impact upon a UK marketplace where demand for data services continues to rise at an exponential rate.
As FluidOne, the combined service will provide an innovative and comprehensive approach to a fixed and mobile connectivity market set for rapid and continued growth, providing mid-range enterprises with a through the line solution to the challenge of transporting, protecting and maintaining data across multiple teams and locations.
The deal will see the combined entity significantly increase its scale and footprint at a stroke, with the business now targeting future expansion to grow annuity services to £50 million.
Steve Rigby, Chief Operating Officer of Rigby Group, said: “Fluidata and One Point are a natural fit. They are both innovative, award-winning companies with a progressive approach and clear vision for the future, and as FluidOne, we anticipate they will offer a combined strength and expertise capable of powering significant growth in an increasingly important sector.
“Data is fast becoming the 4th utility. It is the lifeblood of the 21st Century economy, and we believe that by offering an unrivalled set of capabilities underpinning its efficient & cost effective delivery will rapidly create major opportunities across the UK economy and beyond.”
Rigby Group invested in Fluidata in June 2015 to boost its capabilities in innovative high speed data connectivity solutions to the corporate, industry and public sectors.
The company subsequently took a controlling stake in One Point in December 2015, adding mobile voice and data capability to complete its managed service offering.
Now, a combination of Fluidata’s award-winning Layer-2 and Layer-3 delivery capabilities - combined with One Point’s simplified delivery of mobile voice and data services - will allow the strategic partnership to offer an end-to-end set of gold-standard technologies to the data telecoms market.
John Taylor, Executive Director at Rigby Group Investments, added: “The FluidOne launch represents the latest milestone in an ongoing data services strategy, underlining our determination to offer greater flexibility and value to our customers and the wider market and providing a stable foundation for the group’s evolving Data Telecoms operations.”
About Rigby Group
Rigby Group plc is the parent company for a portfolio of family-owned and highly successful businesses operating across Europe, the Middle East and North Africa. Diversifying from its origins as a principally technology-led business, Rigby Group plc has evolved across the last 40 years - through smart, strategic acquisitions - into a £1.8Bn British success story with 7,500 employees.
Rigby Group comprises six key divisions: Aviation (British International Helicopters and Capital Air Ambulance), Technology (SCC – Europe’s largest independent IT services business), Airports (Regional & City Airports, Norwich Airport, Exeter Airport and Coventry Airport), Hotels (the Eden Hotel Collection), Real Estate (Rigby & Rigby super prime property development, Rigby Group Real Estate and Imperial Park, Coventry) and Finance (Rigby Private Equity, Rigby Investments and Rigby Capital).
With two generations of the Rigby family at the helm, Rigby Group has built a distinguished reputation as both an investor and business operator; renowned for its independent thinking, seamless execution and a peerless approach to acquiring and nurturing businesses to unleash their potential. Our target, within the next decade, is to double the achievements of the past 40 years - creating a £4Bn business by 2025 that will make Rigby Group, arguably, the most successful wholly-owned family business the UK has ever produced.
Fluidata pioneers innovative, high-speed Internet services, including an award-winning Service Exchange Platform that provides Layer-2 access to a wide range of Tier-1 connectivity carriers across the UK and Europe. Fluidata is an independent telecommunications carrier, and so it not tied into relationships with single suppliers. This enables it to create bespoke solutions with increased flexibility that directly targets the needs of each individual client.
About One Point
One Point’s vision to deliver world voice and data solutions, and is now one of the leading providers in the market. As leading experts in the industry, we believe we’re much more than a service provider - we have the expertise, experience and thought leadership to deliver not only the right solution for businesses but also offer greater industry insight. Working hard to deliver a second-to-none service, we are proud of the vast array of clients in our portfolio. What’s unique about us here at One Point is that we help understand your issues and work collaboratively with platforms and partners to ensure you have the right solution for your voice and data needs.