Atech Support Limited has been acquired by iomart Group plc

September 2024 — Pelican Capital’s Atech Support Limited has been acquired by iomart Group plc. This acquisition will enable iomart to provide customers with a broader range of top-tier cloud technology and security services and solutions.

Atech is a leading Microsoft Solutions Partner and UK cloud service provider (CSP) which is growing rapidly. It delivers complex, multi-platform solutions, digital transformation and specialized managed security services to mid-sized enterprises. Atech focuses on harnessing the potential of Microsoft technologies to transform its clients’ operations and business efficiency. The company has one of the strongest sets of Microsoft credentials in the UK market, including five Solution Partner designations, managed partner status for Microsoft Modern Work and Security as well as membership of Microsoft’s Intelligent Security Association (MISA). Based in Marlow, UK, and with offshore operations established in India and Poland, Atech has 150 people with a total of 128 different MS certifications.

iomart Group is a UK-based cloud computing company. It operates as a cloud computing and IT-managed services business that provides hybrid cloud infrastructure, network connectivity, security and digital workplace capability. It operates through two segments: cloud services and Easyspace. Its cloud services provide managed cloud computing facilities and services to small and medium enterprises (SMEs) and corporate markets through a network of owned data centers. It has several routes to market, including iomart Cloud, Infrastructure as a Service (IaaS), Rapidswitch, Cristie Data, Sonassi, LDeX, Bytemark, Memset, ORIIUM, Pavilion IT and P2. The Easyspace business provides a range of shared hosting and domain registration services to micro entities and SMEs. Its solutions include cloud services, data management, secure connectivity, digital workplace, cyber security and consulting.

Pelican Capital invests in profitable companies that need up to US$39 million (£30 million) in equity to facilitate ownership change and drive growth. It gives management teams access to the benefits of private equity capital with a more personal approach than traditional private equity firms.

Our role in the transaction

Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised on the sale of Pelican Capital-backed Atech, one of the UK’s most highly accredited Microsoft Solutions Partners, to iomart Group, the secure cloud services company. This acquisition will strengthen iomart’s position in the high-growth areas of the cloud computing market, including the modern workplace, public cloud Azure infrastructure and security-managed services. It will also create a multitude of cross-selling opportunities across iomart’s customer base, in addition to enhancing operational efficiencies with offshore support capabilities.