A quartet of channel veterans has acquired managed services provider The Internet Group Limited (TIGL) for a substantial seven-figure sum.
Eurodata founder Des Lekerman, along with ex-Eurodata sales director George Georgiou, former Ultima consulting chief Mark Moss and Internet Group founder Adam Maurice all hold stakes in the business.
The foursome is set to complement the existing TIGL management team as they look to grow the business, which employs 70 staff and services more than 100 mid-sized business customers globally.
Lekerman (pictured), who sold Eurodata to Trinity Expert Systems two years ago, called TIGL a "platform business" which he hopes to grow.
He said: "We are going to put extensive efforts into sales and marketing and are in the process of building our own managed cloud platform. We are building on the existing platform; there was significant investment a year ago and it is now fully subscribed [so] we need to build it out. We envisage massive growth. It is a great platform business."
Ex-managing director of BT Lynx Paul Edgeley, who has been TIGL's group chairman since 2009, said the timing of the acquisition was perfect for both sides, and added that it brings great prospects to clients and staff.
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View photos of last night's awards ceremony in London
View photos of all the winners from the 2018 Channel Awards
After a glittering awards evening in Battersea celebrating 25 years of the Awards, we are pleased to share the list of winners and judges' commended winners