The firm, which has made 23 acquisitions since its inception in October 2003 and is backed by Sage founder Graham Wylie, claims the acquisition represents continued progress in building a UK-wide service network providing IT services to SMEs.
Croft employs 90 staff across offices in Newcastle and Hertfordshire and specialies in network design, network installations, business continuity, disaster recovery, unified communications and support services to UK firms.
TSG claims Croft was chosen as an acquisition target due to its national presence and the knowledge and skills possessed by its staff.
David Stonehouse, chief executive of TSG, said: “This acquisition signals a significant development in TSG’s growth strategy. It will provide us with the skills and capabilities to extend the product and services range currently offered by TSG to incorporate areas such as telephony, unified communications, large scale wireless deployment, structured cabling and virtualisation solutions.
“The launch of TSG Enterprise Solutions through the national coverage and wide skill set of Croft Technology staff will truly enable us to be a “one stop” IT service for our clients, covering all of their IT, cabling and telecommunication requirements.”
Phil Renton, managing director of Croft Technology, said: "Croft Technology is excited to be involved in the launch of TSG Enterprise Solutions. We are pleased that the skills and expertise of the company have been recognised and are looking forward to growing the division into a very successful part of the TSG business. All of our existing staff will be remaining with the new business and we will be continuing to provide our customers with the high levels of service they receive today.”
CEO Graeme Watt admits the trading climate is becoming a little more uncertain as he and CFO Graham Charlton reflect on the reseller's £1bn year
Security vendor appoints Infinigate as part of strategy to grow channel business
As the trade war between the US and China ramps up, Marian McHugh investigates what impact this will have on UK prices and how partners are adapting to higher costs
CRN quizzes Avaya CEO Jim Chirico on the firm's progress after exiting Chapter 11 earlier this year, and listing on the stock exchange