Scottish firms seal merger deal after Covid-19 tie-up

Two firms that joined forces to develop an app to help businesses monitor employees for Covid-19 have now struck a formal merger deal.

Mark Rushton (left) and Arrash Nekonam are bringing their Aberdeen businesses together in a move which will see them target a £3.5m turnover this year

Training and business process firm STC Global and software developer Insiso, which are both based in Aberdeen, believe harnessing their expertise will help the combined group increase sales by more than a quarter to £3.5 million over the next 12 months.

The new company, which will operate under the name STC Insiso, is also looking at launching a recruitment drive to bring additional staff into the business.

STC Insiso will specialise in areas including process design, software technology, health & safety, and training.

Existing clients of the merger partners include those in sectors across technology, oil & gas, rail, engineering & construction, maritime, environmental waste services and the medical industry.

The new venture will be headquartered in Provender House on Waterloo Quay in Aberdeen city centre.

Mark Rushton, managing director of STC Global who now takes up the same position in the enlarged business, said: “This is a really exciting development for both STC Global and Insiso. Having worked together previously on a range of projects, most recently Tracepass, our mobile screening app for businesses to monitor employees for any Covid-19 symptoms, we realised that together we’re stronger.

“For STC, core tech capability was the missing jigsaw piece and the opportunity to develop and roll-out more product-based solutions has long been a firm objective.”

Arrash Nekonam, who headed up software firm Insiso and now becomes technical director of the new group, said: “Expanding our team means more effective project delivery, more opportunity to invest, and crucially more scope to grow into a range of exciting markets.”

Last year the two firms launched Tracepass to help prevent the spread of coronavirus in the workplace. Tracepass can be used in any industry, particularly if workforces are spread globally.

The app enables employees to report any concerning symptoms to their company via a questionnaire, which is configured to be aligned with corporate policies and government regulations. It aims to offer both employers and employee peace of mind to know that necessary procedures are in place and employee health is assessed on a regular basis.

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