
Partner Article
Seven million pound deal pays off for tech firm and its investors
A seven million pound deal with growth capital investors BGF has seen Hebburn-based managed service provider ITC Service create a raft of new roles across the business, expand its footprint into new sectors, and see its client base hit the 500-strong mark.
The move has also seen the business accelerate research and development, deliver new products and services to market, and evolve its technology stack, reinforcing its reputation for excellence in managed IT services.
Ten new hires have been appointed, including the role of chief revenue officer in Robin Weston, bringing in fresh expertise and new perspective and reflecting the company’s dedication to nurturing talent, fostering development, and building a culture with a strong career path.
Robin Weston said: “This is a fantastic time to join ITC Service, and I’m thrilled to be part of a team which will shape the future of the business.
“ITC Service is known across the region for its outstanding reputation, and we’re committed to not only maintaining it, but building on it.
“The challenge ahead is scaling our exceptional service to match our bold ambitions, and the recent additions to the team mark a confident step forward in making that vision a reality."
Further adding to business expertise, ITC Service have also welcome BGF members to the organisation, leveraging the partnership and focusing upon the shared goal of delivering value to clients.
Founder and director Christopher Potts added: “This investment marked the beginning of an exciting new chapter for ITC Service and we are delighted to see it already paying off.
“The backing from BGF allows us to bring forward our expansion plans through organic growth and by acquiring complementary providers.
“It’s an exciting new chapter for us. Our core values of Integrity, Trust, Communications and Service mixed with hard work and innovation lead to the highest possible levels of customer satisfaction. Our values form the cornerstone of our success and we’ll be taking those forward as we grow.”
This was posted in Bdaily's Members' News section by Connor Thomas .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.