We are delighted to announce that SoConnect has acquired IT Centric, an Edinburgh based IT and telecoms services business serving corporate clients in Central Scotland.
The merger strengthens our IT managed services offering and enables our customers to benefit from an increased team of experts in cloud, cybersecurity and hosted services. This means that we can further support many more SMEs across the UK in the wake of Covid-19 and ‘new normal’ ways of working.
IT Centric was founded in 2004 by Managing Director Gordon Sayers. Sayers and David Ellis, previously a non-executive director at IT Centric, will join Campbell Fraser and Bob Bazley on SoConnect’s board.
It is a shared focus on best in class customer service that brings both companies together and separates us from competitors. We listen to feedback to ensure we continually improve our service and customer experience. Both IT Centric and SoConnect customers will benefit from great value tailored Telecommunications, Internet and Managed IT Services all from one supplier. This means customers only have one monthly bill and a single point of contact. Customers will now be serviced by our 38 strong expert team based in Edinburgh and the Scottish Borders and access to over 200 engineers across the UK.
We plan to fully integrate both businesses under the SoConnect name by 1st April 2021.
SoConnect Founder and CEO Campbell Fraser: “The acquisition of ITC further increases the broad range of services SoConnect brings to our customers. It enables customers to benefit from a seamless and integrated service for all their IT, internet and telecoms needs. This acquisition further strengthens our cloud, cybersecurity and hosted services, and we are now even better placed to support UK-wide SME’s remote workforces in the wake of Covid-19 and what will be the new ways of working”
The acquisition adds around 80 SMEs to SoConnect’s customer base, totalling over 500 across the UK.
Campbell Fraser said: “Having successfully integrated Netopa in 2020, we look forward to another smooth integration over the next few months. We are excited to welcome Gordon, David and the team. As with the Netopia acquisition, we are in a position of real financial strength. Around 80 per cent of our contracted revenue is recurring, and we have again self-funded the acquisition.”
Gordon Sayers, IT Centric’s Founder, said: “I look forward to helping drive the combined value of the business alongside Campbell and the leadership team at SoConnect. In common with Campbell, we share the vision around providing great value market-leading IT managed services, internet and communication services with best of class customer support.”
