Boston MA and London UK - November 19th, 2024 Resolute CS, a pioneering technology company driving innovation in the connectivity market, today announced its acquisition of iceblue, a global leader in managed internet services. This strategic transaction underscores Resolute CS's commitment to transforming how the industry procures and manages connectivity by leveraging intelligence, automation, technology, and a customer-centric approach.
Iceblue Internet: A Proven Leader in Global Connectivity Founded in 2014 by a seasoned telecom team, iceblue has built a reputation for simplifying global internet procurement and management. With a robust platform and service offering that includes:
● Operations in 210 countries with over 1,100 network providers.
● A profitable base of 30 customers managing over 900 circuits globally.
● The GRID: A proprietary, fully automated end-to-end lifecycle platform that enhances efficiency, visibility, and customer experience.
Iceblue’s expertise in aggregating and delivering reliable, carrier-grade internet services aligns perfectly with Resolute CS's mission to modernize connectivity efficiency.
Shared Vision: Simplify Connectivity Procurement
Resolute CS’ acquisition of iceblue highlights the shared mission of both companies to streamline and enhance the procurement process for global connectivity. Iceblue’s GRID platform, purpose-built to resolve industry challenges like fragmented visibility into the underlying supplier, a leading cause of poor customer experience, will play a central role in achieving this vision.
“We are excited to join the experienced team at Resolute CS as we embark on this next phase of growth,” said Steve Corfe, former CEO, now Managing Director of iceblue. “Together, we’ll build on the GRID’s proven success and bring advanced, high-speed internet services to even more customers globally.”
Commitment to Growth and Innovation
Iceblue will continue to operate independently under its recognized brand as a wholly owned subsidiary of Resolute CS. Key members of the iceblue leadership team, including Mark Hendrick, Steve Corfe, and Steve Taylor, will remain in key management roles, ensuring continuity in service and customer support.
Resolute CS plans to invest heavily in scaling iceblue’s operations, enhancing the GRID platform, and expanding its go-to-market strategy. “This acquisition is about leveraging iceblue’s technology and expertise to deliver more efficient and automated connectivity solutions to the market,” said Patrick Shutt, Co-Founder and CEO of Resolute CS. “We see a tremendous opportunity to scale iceblue’s proven model and help our industry address the rising demand for high-performing, cost-efficient connectivity.”
A Bright Future for Global Connectivity
With increasing demand driven by digital transformation, cloud migration, and the rise of AI, iceblue is well-positioned to enable global telecom providers and system integrator partners to serve the growing needs of global enterprises. Its ability to aggregate and prioritize service options from over 1,100 suppliers ensures customers have access to agile and informed connectivity solutions.
“Iceblue simplifies how the world buys internet,” adds Steve Taylor, CTO of iceblue. “Our GRID platform delivers agility and accuracy, making it easier for customers to win more business. With Resolute CS’s support, we are ready to elevate our capabilities and scale our operations globally.”
Transaction Details The terms of the private transaction were not disclosed. Iceblue engaged Thrings LLP and Locke Lord LLP as legal counsel, while Resolute CS worked with Taft Stettinius & Hollister LLP and DAC Beachcroft LLP.If you have any questions or need any further information then please get in touch by clicking here
