IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

Telefónica Tech acquires Microsoft partner Incremental for £175m

Glasgow-based Microsoft Dynamics partner will strengthen Telefonica Tech’s presence in the UK and Ireland

A photo of the inside of Telefonica Tech's Dublin office

Telefónica Tech has announced the acquisition of UK-based Microsoft partner Incremental for up to £175 million, including potential contingent payments linked to future performance.

The move strengthens Telefónica Tech’s presence in the UK and Ireland, as well as its scale and competencies in Microsoft technologies, the firm said.

Launched in 2016, Incremental Group has become one of the leading Microsoft Dynamics Partners in the UK and is also a major player in the data and analytics market.

The company has been a Microsoft Business Applications Inner Circle member for the past three years and is one of just two partners in EMEA on the Redmond giant’s Global Advisory Board for data analytics.

The acquisition means Telefónica Tech now becomes one of Microsoft’s largest partners in the UK, with 16 Gold Competencies and 5 Advanced Specialisations.

Telefónica said the addition of Incremental’s business applications, power apps, data analytics and management capabilities to its cloud services portfolio will enable it to enhance its end-to-end cloud offering for mid-market, large enterprise, and government customers.

“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,” commented José Cerdán, CEO of Telefónica Tech.

Related Resource

Oracle autonomous database for dummies

Freedom from mundane, manual database management

whitepaper cover with white clouds and man's cartoon face on yellow backgroundFree download

“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.”

Glasgow-headquartered Incremental has experienced significant organic and inorganic growth in recent years. Early last year, the firm acquired Redspire in a bid to expand its capabilities in the financial services market and become one of the UK’s largest Microsoft Dynamics partners. 
It then snapped up data analytics company Adatis, which enabled the business to offer end-to-end digital transformation to customers.

Today, Incremental has more than 350 employees on its books, which will take Telefónica Tech UK&I’s headcount to around 1,000 staff post-transaction.

Neil Logan, CEO at Incremental Group, said the focus was on securing the “right support for the long term” as the business looked to the next stage of its development.

“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,” he said.

Featured Resources

Four strategies for building a hybrid workplace that works

All indications are that the future of work is hybrid, if it's not here already

Free webinar

The digital marketer’s guide to contextual insights and trends

How to use contextual intelligence to uncover new insights and inform strategies

Free Download

Ransomware and Microsoft 365 for business

What you need to know about reducing ransomware risk

Free Download

Building a modern strategy for analytics and machine learning success

Turning into business value

Free Download

Recommended

Google unveils new Assured Open Source Software service
open source

Google unveils new Assured Open Source Software service

18 May 2022
Malwarebytes hires new channel chief to lead MSP and partner network
Managed service provider (MSP)

Malwarebytes hires new channel chief to lead MSP and partner network

18 May 2022
Palo Alto and Deloitte to deliver managed security services in the US
Managed service provider (MSP)

Palo Alto and Deloitte to deliver managed security services in the US

17 May 2022
US and EU thrash out plans to avert chip production “subsidy race”
Hardware

US and EU thrash out plans to avert chip production “subsidy race”

17 May 2022

Most Popular

Russian hackers declare war on 10 countries after failed Eurovision DDoS attack
hacking

Russian hackers declare war on 10 countries after failed Eurovision DDoS attack

16 May 2022
Researchers demonstrate how to install malware on iPhone after it's switched off
Security

Researchers demonstrate how to install malware on iPhone after it's switched off

18 May 2022
Windows Server admins say latest Patch Tuesday broke authentication policies
Server & storage

Windows Server admins say latest Patch Tuesday broke authentication policies

12 May 2022