Destiny acquires Belgian managed hosting provider Stuart
Brussels, October 5, 2021 - Destiny, European provider of secure cloud and business communications for SME’s, is acquiring Belgian managed hosting provider Stuart from Antwerp. Destiny now adds a leading Belgian player in cloud infrastructure and managed hosting to the group, after a series of foreign acquisitions earlier this year that saw Destiny become Europe's largest UcaaS provider. The move expands Destiny's offering to new customers, strengthens its backup and cloud infrastructure portfolio for existing customers, and brings the necessary competencies to further develop its cloud infrastructure proposition on a European level.
Joachim Lauwers, Managing Director Destiny Belgium: "We are looking forward to working with Pepijn and his team and welcome them to our Destiny family. In addition to offering secure cloud communications and UcaaS solutions, Destiny also provides cloud infrastructure (IaaS) to its customers. With Stuart's scalable platform, we can now serve our customers even better. And thanks to Stuart's great client portfolio, which includes CM, Essent, AS Adventure, GIMV and Impact Interim, we now have access to the broader SME field in Belgium. In the current war for talent, Stuart's team will bring additional competencies to the table that we plan to leverage not only in Belgium, but also across the Destiny group. By rolling out a standard for cloud infrastructure across the group, we can further strengthen our position as a European, innovative provider of secure cloud communications solutions for SMEs."
For Stuart's more than 50 customers, this acquisition means they will have access to Destiny's broad cloud communications offering while continuing to enjoy the service, stability and scalability of Stuart's managed hosting platform.
Pepijn Palmans, CEO of Stuart: "With this move, we join a strong, European group that focuses on future growth, based on innovation. That fits in perfectly with our ambition. At the same time, our hyper-redundant platform for managed hosting offers the perfect basis for what Destiny wants to roll out in Europe. We will make full use of our knowledge in this area, but already today, this step offers great added value for both our own customers and Destiny customers. We also share the same focus on customer centricity and service, and have many loyal customers who appreciate our personal approach. Just like the customers who partner with us, we find that Destiny customers are shifting their focus from operational tasks to growing and accelerating their business. With our entry into the Destiny group, they now have access to state-of-the-art knowledge and technology to continue to innovate."
The entire Stuart team including CEO Pepijn Palmans will be incorporated into the Destiny group. Pepijn, within the Engineering team of CTO Samuel De Wever, will be responsible for building out a standard for cloud infrastructure within the group.
Destiny, originally Belgian, is a European leader and innovator in secure cloud communications based on its strong and secure mobile-first products and Ucaas offerings. Destiny enables +2 million business users to communicate, collaborate and provide excellent customer service. The company enables service providers, channel partners and end customers, as well as 3rd party services to grow in their cloud ecosystem. Headquartered in Brussels, Destiny now employs 700 people in 7 European countries and is targeting an expected annual revenue of nearly €200 million by 2021.
More information: www.destiny.be
Stuart is a leading player in the cloud infrastructure and managed hosting market in Belgium. In addition to classic Infrastructure-as-a-Service services such as virtual servers, backup as-a-service or cloud native solutions, Stuart offers its clients a wide range of managed services where operational tasks are taken over. Strong service level agreements combined with state-of-the-art technology provide Stuart's clients with guaranteed availability, performance and scalability that helps them bring their IT to the cloud with confidence.
More information: www.stuart.be