North East's oldest IT firm completes successful MBO
WiFi tech specialist, KBR has successfully completed a management buyout (MBO) from its management team.
New owners Gareth Tomlin, MD, and Ruth Tomlin, sales director, are said to be implementing plans to significantly expand the business.
They aim to use their prior experience and knowledge, as well as strategic partnerships to rapidly increase sales growth and deploy a new marketing plan.
Gareth said that the firm is “extremely excited for the future”, adding: “We have a fantastic, talented team who truly hold our customers’ best interests at heart.”
Specialising in many tech solutions for both private and public sectors, KBR’s services include WiFi technology, network security, CCTV, AV and managed services.
Ruth concluded: “We are delighted to be leading a new chapter for KBR and to be able to continue to add even more value for both new and existing clients.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East
Time to stop risking Britain’s family businesses
A year of growth, collaboration and impact
2000 reasons for North East business positivity
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene