Stockport town centre based cybersecurity software distributor, Distology, has announced the acquisition of German firm, Squareball.
Already working with two of Distology’s core vendors, Okta and Auth0, the new partnership will naturally bolster Distology’s European proposition thanks to Squareball’s recognised excellence in design and implementation of IAM/CIAM solutions. Based in Berlin, Squareball specialises in software engineering, product design, solution architecture and identity access management (IAM) consultancy.
The acquisition follows a period of growth for the channel-focused cybersecurity specialist, having increased its revenues by more than 75% over the past three years while also gaining private equity investment from NorthEdge Capital in 2021.
Hayley Roberts, Distology CEO (pictured), commented:
“When we started our acquisition journey, we were recommended Squareball by one of our vendors and as soon as I met with Martyn, CEO and founder, his passion for the business was clear. The acquisition is a big step for both businesses and I truly believe this collaboration will enable us to provide additional high-quality services for our partners and their customers across Europe. It’ll also help us to expand our reach and support even more organisations to protect their digital estates from the growing threat of cyber-attacks through a deep understanding of product engineering, while educating organisations on the part identity and access management plays at the core of zero trust architecture.
“We’re really excited to see the impact the amalgamation of skills and expertise has across both teams and what that will bring to our business, our vendors and our channel partners. We look forward to welcoming the Squareball team into the Distology family.”
Martyn Roberts, CEO and founder of Squareball, added:
“Since starting Squareball in 2017, we’ve been able to establish our position in the market as experts in software engineering with emphasis on identity and access management. Now is the perfect time for us to join forces with Distology, a reputable channel-focused cybersecurity specialist and distributor who has an extensive, yet hand-picked roster of partners, to double down on delivery and grow. We’re excited to be able to join a well-known, passionate and highly skilled team to grow our business and broaden visibility, and also amplify the skills we have here in Berlin.”
Distology is an independent distributor of cybersecurity software founded in Stockport, with offices in the town centre and the Netherlands.