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Onyx targets business continuity acquisitions

Acquisitive VAR Onyx Group is targeting more buy-outs in the business continuity arena after rolling out its SME-focused disaster recovery offering. In October, Onyx bought London-based Disaster Recovery Solutions in a deal which gave it 80 workplace recovery sites across the UK – 40 of those in the capital. It now has more than 100 in total, each catering for up to 25 employees.

 

Onyx chief executive Neil Stephenson said “We will certainly make additional acquisitions in the business continuity space. There is some consolidation to be done and a whole range of companies that would be attractive to us.”

 

Source: CRN

 

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