Go to deals
TMT

Atech Support Limited has been acquired by iomart Group plc

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.

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.

Parties

Talk to the deal team

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Tom Stoten

Director
London, United Kingdom
Oaklins Cavendish

Paris McNicol-Outch

Associate Director
London, United Kingdom
Oaklins Cavendish

Geoff Moylan

Senior Associate
London, United Kingdom
Oaklins Cavendish

Related deals

Niscon Inc. has been acquired by SGPS ShowRig
TMT

Niscon Inc. has been acquired by SGPS ShowRig

Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.

Learn more
Fairfest Media has acquired WTE Miami
Business Support Services | TMT

Fairfest Media has acquired WTE Miami

Fairfest Media, organizer of OTM, the leading travel show in Asia, has acquired WTE Miami, the fastest-growing travel trade show in the USA. The acquisition marks a significant milestone in Fairfest’s global expansion, strengthening its presence in the Americas and beyond by leveraging decades of experience and leadership in Asia and India.

Learn more
Mo has been acquired by UKG
Business Support Services | TMT

Mo has been acquired by UKG

UKG Inc., an American HR technology company, has acquired Mo, a UK-based employee engagement platform previously owned by Calculus Capital. The acquisition forms part of UKG’s strategy to expand its employee engagement and recognition capabilities, with Mo’s technology now embedded within UKG Beacon, an AI-powered platform that integrates recognition with workforce analytics to help businesses improve employee engagement and retention.

Learn more