IT provider SCC has strengthened its play in the data centre and hosted space following an investment in Fluidata by Rigby Group (which owns SCC).
Th deal signals Rigby Group's 14th piece of M&A activity since hitting the acquisition trail in 2013, and the first in 2015.
The investment is another milestone in the accelerated growth of SCC's services division, with services turnover alone increasing 8% to £148m by the end of September 2014.
SCC witnessed growth of 69% from data centre and cloud services alone last year following a succession of key customer wins including Gist, Aggregate Industries, BOC, IBM, Oxfordshire County Council, CAA and Highways Agency.
Founder and managing director of Fluidata Piers Daniell said: "Collaborating with SCC is good news all round - to our customers, their customers and the market - as together we are able to deliver a wider range of connectivity and data centre services based on our shared values."
SCC CEO James Rigby added: "SCC and Fluidata provides additional services capability and a stable foundation for us to enter the data telecoms market with a full and flexible DCS offering."
Rigby Group is the parent company for a portfolio of privately owned and successful businesses operating across Europe, the Middle East and North Africa.
The £2bn company, owned by Sir Peter Rigby, has interests in the technology, airports, hotels, real estate, financial and aviation sectors.