Manchester-based managed services provider, Everything Tech, has been acquired by Managed IT Services Group (MITSG) for an undisclosed sum.
The acquisition will see Everything Tech become the flagship brand in the group, with Manchester becoming its national headquarters, and will bring the group’s total headcount to 100.
The deal is the latest in a series of acquisitions for MITSG, which has picked up four new businesses since May 2021, including CSS Group earlier this year and IT Farm in 2021. The group is backed Boost & Co for acquisition funding, underpinned by director’s loans to power its current aggressive expansion strategy.
MITSG was founded the former GCI executive team of Mark Allen and Phil Smith. It offers SMEs a full range of managed services around four distinct specialist units – Cloud & Remote Desktop services, Networks & Security, Voice & Contact Centre, and IT Support.
Chief financial officer Allen commented: “The acquisition of Everything Tech provides another part of the jigsaw that will enable us to bring our vision to reality. The brand that Ruth, Lee and Anthony have created is sector-leading and a genuine fit for our portfolio. After experiencing incredible year-on-year growth, we feel truly privileged to have the opportunity to take Everything Tech forward into a new and exciting chapter.”
Everything Tech MD Ruth Hall, who fans of The Apprentice may remember as the runner up in 2006’s second season of the show, added: “MITSG very much share our beliefs and values and believe in the brand we’ve worked hard to build over the past 12 years. We see this acquisition as the start of a very exciting period of growth for Everything Tech, as well as an opportunity for our existing customers to benefit from a comprehensive offering.”
