Wavenet acquires OGL Computer Support and CyberGuard Technologies
Wavenet has announced the acquisition of OGL Computer Support Ltd and CyberGuard Technologies Ltd, while OGL Software Ltd will remain an independent business focusing on core ERP business to support future growth plans.
The acquisition presents a fantastic opportunity for the OGL Group as it not only enhances the portfolio of services offered by OGL Computer Support and CyberGuard Technologies to support future expansion into new markets, but it also enables the hugely successful OGL Software division to break away from the Group to focus solely on its ERP business.
“Over the past 45 years the OGL Group has grown significantly, and our products/services and markets have diversified so much that we felt there was greater opportunity to realise our ambitious growth plans if we gave each division its own space to expand. But it was important that we found the right way to do that for all three divisions so when Wavenet approached us about the IT Services and Cyber Security part of the business, it presented the perfect solution.
“The acquisition will enable us to continue to grow our highly successful OGL Software business. Having been actively involved in the running of this side of the business for over 35 years, I am thrilled to be able to head up the newly independent operation as we embark on the next chapter. We are proud to be a family-owned business, as we feel that is what enables us to really understand the daily challenges facing our UK customers who are often, themselves, family-run,” said Debbie Barton, Chief Executive Officer of OGL Software.
Sharon Moreno, Head of Operations at OGL Software commented, “OGL Software is now one of the leading ERP solutions for stockists, distributors and wholesalers across the UK, and following the official launch of our new product, Profit4, in January 2021 the software company has been experiencing huge success. We have ambitious growth plans to further secure our position in the market and this new independence will give us the space and opportunity to really focus on our core business.
“Our software customers will receive the same first-class, personal service that they are used to, and we will continue to recommend OGL Computer Support and CyberGuard Technologies to our customers for their IT and cyber security services. It’s a really exciting time and I am looking forward to working with our staff and customers to drive the OGL Software business forward.”