Greystone acquisition of Pixel Rebel follows expansion into Boulder

FORT COLLINS — Technology services provider Greystone Technology Group Inc. this week closed on the acquisition of Fort Collins mobile-app development firm The Pixel Rebel Ltd., adding to what already has been a busy 2015.

Greystone, which has dual headquarters in Denver and Fort Collins, provides information-technology management, web development and digital-marketing management for businesses, and will now add Pixel Rebel’s services to the fold.

Terms of the deal were not disclosed.

The deal follows a 2014 in which Greystone’s revenue grew nearly 50 percent to just more than $5 million, with more growth on the way.

The company opened an office in Boulder earlier this month, and it’s planning to move its Fort Collins office to Brinkman Partners’ former space at the corner of Harmony and Ziegler roads next month.

“It’s been pretty incredible,” Greystone president and co-founder Peter Melby said Tuesday.

The addition of Pixel Rebel, Melby said, will help “our clients do business in new, better ways.”

Founded in 2001, Greystone landed at No. 1,750 on Inc. magazine’s 2014 list of the 5,000 fastest-growing private companies. Its revenue grew from $1 million in 2010 to $3.4 million in 2013.

The company added 17 employees last year bringing its current number of employees to 56. Melby said the company likely will add at least 15 more this year.

“If we continue our growth trajectory we’ve had the last couple years, we’ll probably add 20 to 25 new positions,” Melby said.

The company will host an official opening celebration at its Boulder office Feb. 26. That location employs five people, but Melby said it could quickly double in size.

The company employs 21 people in Fort Collins, with a few working from home because of a lack of space, Melby said. The new 3,300-square-foot office will have enough room for at least 32 employees, he said.