A GLASGOW consultancy firm will taken over by social enterprise Elevator after a six-figure deal.

Targeting Innovation was founded in 1993 to support the development of new technology.

Bosses labelled it a “landmark moment” in the history of the consultancy which help the firm face future challenges.

George Boag, chief executive at Targeting Innovation, said: “2021 will have its own challenges – COVID recovery and Brexit, therefore business support and the entrepreneurial landscape is going to be crucial; everything will be underpinned by a strong economy.”

The deal will bring Elevator’s trajectory to over 100 as the firm continue to grow across Scotland.

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Elevator CEO, Professor Gary McEwan, said: “Targeting Innovation is an industry innovator. This acquisition is exciting for both parties, it is a huge opportunity to create building blocks to drive innovation forward across Scotland.

He added:“The team brings a wealth of expertise in innovation and digital development, and during a time when many businesses are going through a period of transformation and change, our synergies will help individuals find the support they need to thrive.

“The path ahead of us in 2021 is a positive one.”

Targeting Innovation will keep its brand name.