UK Business ISP FluidOne Appoints New CEO to Replace Piers Daniell

Business communications provider FluidOne (formerly Fluidata), which also helps to supply a number of UK broadband ISPs, has replaced existing founder and CEO Piers Daniell with Chris Jagusz, who is currently acting as the ISP’s non-executive director.

Piers originally founded Fluidata on 25th November 2004 with support from angel investors and today the business is trending at £25 million+ annuity revenue, growing from £7m five years ago. However it’s understood that Piers will be staying on at the provider, albeit in the role of Chairman and with a specific focus on new emerging technologies, future product development and strategic relationships.

However Chris Jagusz seems like a good replacement. He’s previously been CEO of Azzurri, a £100m+, 500+ colleague unified communications service provider. Prior to Azzurri Chris was also MD of fibre network operator SSE Telecoms and has worked at senior levels within Six Degrees, Daisy, XLN Telecom and BT.

Fluid One Statement

Rigby Group invested in Fluidata in May 2015 and One Point in October 2015. The Group’s investment continued with the creation of FluidOne in October 2016. The business growth opportunity is material, which could see FluidOne double its annuity revenues over the next five years with trends in corporate data, cloud, hosting and the convergence of mobile, voice and unified communications all enabling this. The Board is committed to helping the business and its colleagues fulfil this potential.

John Taylor (Rigby Technology Investments) and Steve Rigby (Rigby Group plc) will remain on the Board supporting Chris Jagusz, Piers Daniell and Chris Rogers in the next phase of growth.

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