Ambitious VAR Siptel is preparing to set sail on a buy-and-build voyage after a successful eight years’ growth.
The Guildford-based firm, which was founded in 2003, claims it has the finance, management team and acquisition team in place to start an aggressive M&A strategy.
Siptel’s key target verticals are finance, education, healthcare, MoD/government and travel and it is particularly keen to snap up fellow players in the network services, IT or voice space.
Steve Rasmussen, director at Siptel, said: “We have reached a point where Siptel will post its best year to date – FY April 2011 to March 2012.
“Each and every year since inception Siptel has been highly profitable and has maintained growth and we have recently engaged with corporate finance boutiques for acquisition opportunities,” he said. “We have a firm strategy in place and are looking for a specific type of IT/networks/voice organisation to help grow and expand the business.”
Vendor talks up partner relationship at Inspire global conference
Firm claims that 7.2 million jobs will be created by AI over the next two decades
Vendor's commercial VP Judson Althoff issues rallying cry to partners as Inspire 2018 kicks off
Vendor hopes newest addition will bolster its data analytics capabilities