One of the UK’s fastest-growing technology companies, based in West Yorkshire, has sold a 16 per cent stake and appointed a new Chairman as part of an investment deal that accelerates the growth and development of the business.
Oriium, based in Wetherby, provides data management and infrastructure consultancy including managed and hosted services (Cloud Dynamix). For the last two years, the “Channel Only” company has been ranked as one of Deloitte UK’s top 50 fast-growing technology businesses and is seeking a hat-trick at the 2015 awards later this year.
To assist with the company’s growth, Ryan McCarry has become Chairman at Oriium and will help with its ambition to become the pre-eminent channel solutions provider, assisting with strategic acquisitions and growing revenues in excess of £10M.
Mr. McCarry, from Harrogate, is highly regarded in the sector as founder of Sleek Networks, a well-known internet infrastructure provider that was acquired by Adapt in 2013.
Following the acquisition, Ryan spent 18 months as part of the Adapt executive team, integrating the businesses to create a leading enterprise cloud habitat provider in the UK.
Established in 2007 by Chris Kiaie, Oriium’s ethos and business strategy has resulted in growth of over 790% in the last 5 years. The business now employs a team of 35 and re-located to larger premises in Wetherby at the end of last year.
“It is a huge privilege to be a part of the next stage of Oriium’s growth and I’m excited about the journey ahead. It’s an opportunity to work with an incredible team that has an excellent industry reputation. Given the growth of the business and success that Chris has created to date, I believe that by leveraging the existing capabilities, Oriium will be the go to provider for infrastructure and cloud services to the channel market in the UK.”
Chris Kiaie said:
“Oriium is at an exciting stage in its development and we are really pleased to have Ryan on board as Chairman. His experience and roles to date have given him the attributes to help shape high quality businesses that meet and exceed customer expectations.”
This follows last weeks’ announcement of Oriium’s appointment as sole UK and Ireland distributor for Imation Nexsan Technologies who are world leaders in enterprise class storage platforms. Oriium are hosting an exclusive technology conference on the 2nd July at the world famous Oulton Park Racetrack in Cheshire to mark the appointment.