Bank backs iomart’s Hosting Strategy with £10M acquisition war chest
AIM-listed iomart Group plc has secured a £10 million credit facility from Lloyds Banking Group as it continues its strategy to grow its managed hosting business through a combination of organic growth and acquisition. The company, which purchased Maidenhead based server hosting company RapidSwitch in May 2009, looks set to acquire further complementary hosting businesses …
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