Netrics Group has acquired Swiss cloud specialist Solify GmbH to strengthen its position in the Azure-centered public cloud services market.

Information on the Target

Netrics Group, a provider of managed cloud and digital workplace solutions, as well as consulting services for demanding small and medium-sized enterprises (SMEs) and enterprise clients, has made a significant move in the cloud service sector. In November 2023, the company acquired Solify GmbH, a Swiss cloud expert, with support from funds advised by Bregal Unternehmerkapital (BU). This acquisition aims to enhance Netrics' position in the rapidly growing market for Azure-centered public cloud services.

Solify specializes in public cloud services, offering expertise in migration, automation, cost optimization, security, and comprehensive operations on Azure. With this acquisition, Netrics strengthens its capabilities, allowing its customers to access a wider and deeper range of cloud solutions. Existing clients of Solify will continue to work with the same experienced team, ensuring that they receive consistent and high-quality service.

Industry Overview in Switzerland

The cloud services industry in Switzerland has seen substantial growth in recent years, driven by increased demand for digital transformation and remote work solutions. Organizations across various sectors are inves