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Blackstone-backed Cloudreach to acquire Relus Cloud

Cloudreach Holdings Ltd. signed a letter of intent to acquire Relus Technologies LLC's Relus Cloud, a Premier Consulting Partner in the Amazon Web Services Partner Network.

After the acquisition, Cloudreach will have over 700 employees in eight countries across Europe and North America, as well as more than two dozen offices.

Cloudreach is a cloud-native software-enabled services business established in 2009. Blackstone Group LP's Blackstone Tactical Opportunities Advisors LLC acquired a majority stake in Cloudreach in February 2017. Cloudreach is a partner of Amazon.com Inc.'s Amazon Web Services, Microsoft Corp.'s Azure and Alphabet Inc.'s Google Cloud.

Atlanta-based Relus Cloud began in 2013 as a born-in-the-cloud consulting services company focused on Amazon Web Services adoption, migration and enablement. It became a Premier Consulting Partner in the AWS Partner Network in 2017.