West Yorkshire firm boosts expansion with acquisition of Mazars IT operation
A West Yorkshire IT firm has acquired the IT operations of the managed services business of the Leeds office of accountancy firm Mazars.
Mazars will see the three members of its client-facing IT team transferred to Jungle IT as part of the deal.
The acquisition is part of the Horsforth-based firm’s plan to expand its managed computer services and grow the business.
Commenting on the deal, Jonathan Asquith, managing director, said: “The former Mazars’ IT services operation is a great fit for us and it will very much be ‘business as usual’ for existing clients.
“The acquisition will also enable us to harness the skills of this experienced team to rapidly expand our managed services offering to SMEs throughout the region and support their digital transformation.
“It is the first of a number of acquisitions we plan to make as we build up our services to offer a complete portfolio of managed IT services to Jungle clients.”
Oliver Hoffman, managing partner at Mazars in Leeds, added: “Having provided our computer hardware needs for over ten years, we have a strong relationship with Jungle IT.
“[We] were confident that they would be able to offer the same high standards of service to our clients as well as enabling our established IT team to continue to work together.”
The acquisition, which completed on 1 July, was supported by a team of Yorkshire advisers which included Hitesh Tailor of Clarion in Leeds who provided legal advice to Jungle IT.
Hitesh Tailor of Clarion said: “As Jungle IT celebrates its fifteenth anniversary, the business is embarking on the next phase of its growth and this acquisition marks a further step in its ambitious expansion plans.”
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