IT services provider Peach Technologies makes ‘transformational’ acquisition
Peach Technologies has announced its acquisition of fellow IT services provider Taylor Made Computer Solutions.
Peach said the deal will enable it to expand its existing IT business and take advantage of the converging IT and telecommunications sectors.
The firm, based in Whiteley, provides connectivity, mobile and telephony services for more a customer base of more than 1,000 businesses.
Taylor Made is one of the largest IT service providers in the Solent region. The company caters for both the public and private sectors.
Peach Technologies chairman Ian Brown said: “The combination of Peach and Taylor Made marks a transformational step in the evolution of the Peach group to fulfil our aspiration of becoming one of the leading IT and communications providers for small and medium size enterprises throughout the UK.”
Peach was advised on the deal by the corporate team at law firm Moore Blatch.
Peter Jeffery, corporate partner at Moore Blatch, commented: “We have worked with Peach Technologies for many years and this deal is the culmination of a huge amount of time and effort spent by the Peach Technologies board and shareholders.
“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 continued: “Our IT expertise provided a real value add to Peach Technologies, which is now truly a technology based business. As customers of both businesses we look forward to benefiting from the improved connectivity that the merger will bring to two key suppliers.”
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