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Peach and Getronics add to summer of consolidation
Peach IT and Getronics have both struck acquisitions adding to a growing list of deals that have been made over the last few weeks
The summer of channel consolidation has continued with comms player Peach Technologies and Getronics both making acquisitions.
Whiteley-based Peach has picked up Taylor Made Computer Solutions, which is one of the largest IT service players in the Solent region, giving the combined entity a chance to exploit the convergence between data and comms.
“The combination of Peach and Taylor Made marks a transformational step in the evolution of the Peach group to fulfill our aspiration of becoming one of the leading IT and communications providers for small and medium size enterprises throughout the UK," said Ian Brown, chairman of Peach Technologies.
Peach got advice on the deal from Moore Blatch and Peter Jeffrey, corporate partner at the firm, said that it spotted the benefits of the Taylor Made acquisition.
"Peach Technologies have enjoyed huge success by providing the very best service and solutions for their customers, and their acquisition of Taylor Made now enables them to provide a single point of contact for integrated IT, telephony mobile and data protection," he said.
Nigel Taylor, founder and managing director at Taylor Made Computer Solutions, said that the business had grown since being set up 24 years ago and the deal would give it a stronger future.
“Our highly skilled and IT passionate people, combined with our tailored approach to providing the correct products and services have been the foundations to creating a successful and highly respected business. By combining forces with Peach we bring together a unique combination of talent that will provide an even bigger benefit for our customers and partners,” he said.
Another firm that is no stranger to using acquisition to expand its portfolio is Getronics and the firm has followed up on on its recent deal to buy US firm Pomeroy with a move for French business ITS Overlap.
The deal, which adds a business with a turnover of €50m, will give Getronics more of a footprint on the continent and add more depth to the services it can offer customers.
“With 3 of its 20 European Data Centers based in France, Getronics was already a well-established entity. Now, thanks to the acquisition, we will be able to serve our customers even better with a broader offer of end-to-end solutions in terms of integration, business software tools, multi-cloud management and unified communication”, said Francis Weill, managing director France and Western & Central Europe for Getronics.
These latest deals add to a growing list of acquisitions involving resellers over the course of this summer. Yesterday, Six Degrees Group bought CNS Group and earlier this week Adept acquired Shift F7 and that followed Shearwater buying Brookcourt, Cancom picking up OCSL and HP snapping up managed print player Apogee. There are still a couple of weeks yet which could see that list lengthen.