|
|
|
06 May 2009
Managed services VAR The Internet Group (TIG) has launched its subsidiary BuymyIT.biz, aimed at reaching IT service providers that are feeling the pinch.
As reported by CRN in April, the venture is aimed at struggling managed service providers that wish to start the ball rolling on their exit strategies.
Since 2000, TIG has acquired five companies and wants to target IT service providers in the SME space through further acquisition and partnership opportunities.
Further reading
Adam Maurice, commercial director of TIG, said: “Acquisition has always been a key factor in our growth strategy and based on our previous experiences, we feel that now is the right time to approach other IT service providers to allow them to cash-in on deals that they structured with their clients during the boom times.
“We have already written individually to over 500 companies in order to start a dialogue with a view to discuss potential acquisitions and have seen an incredibly positive response.”
BuymyIT.biz has already created a website to demonstrate how the process can start with a phone call and end up with the current shareholders of the business receiving cleared funds.
Related articles
In this video find out about the fast-growing Chinese vendor's plans for market domination and how the channel is its route of choice
Find out what gifts Acer has in store for partners for 2012 in this exclusive roundup of its recent conference
CRN's premier networking event is back on 17 May at the Ricoh Arena
Date: Thu 17 May 2012
Channel fighters preparing to square up once more on 24 May
Date: Thu 24 May 2012
The proliferation of endpoint devices within the enterprise has highlighted the shortcomings of one of the traditional approaches to data security
This Forrester report compares the costs and benefits of legacy email and productivity software with Google Apps
A power failure has caused CRN HQ to relocate remotely - I won't be so blase about disaster recovery now
Mark Needham, founder of distributor Widget, argues that John Browett leaves for Apple with Dixons in better shape than when he arrived
|
|
|
Do you agree?
Have your say