SysGroup plc , the Liverpool-based managed IT services, cyber security and cloud hosting provider, has bought IT service provider Independent Network Solutions Limited, which trades as Orchard Computers, paying £1M.
Orchard generated unaudited revenues of £2.1 million last year and SysGroup says its purchase will further enhance the Group’s presence in the South West region and will complement the operations based in South Wales.
Orchard, which has been in operation for over 30 years, has customers across a broad range of sectors, covering both the private and public sectors. Its managed IT service offering mirrors that of SysGroup, providing consulting services and building tailor made, vendor agnostic solutions and ongoing support.
Orchard’s 20 members of staff will join the wider SysGroup team.
Adam Binks, Chief Executive Officer at SysGroup, said: “I am thrilled to be announcing our second acquisition of the financial year. Orchard is a well‐established, well‐respected business with a loyal customer base in the South West of England and I am delighted that we have been able to bring this business into the Group.
“Our enhanced presence in the region will add even more value for the combined customer base and will create a raft of opportunity for all of our team members, including the addition of our 20 new colleagues from Orchard.”