The CEO of mid-market MSP Coretx has indicated the firm will not rush the integration of its latest acquisition, 365IT.
In a blog post, Andy Ross said the two firms would work together "over the next few months to put the integration plans into action".
Coretx, which is itself an amalgam of VARs Selection Services and C4L, snapped up LMS Capital-backed 365IT earlier this month. It had 110 staff.
"The acquisition of 365IT strengthens Coretx across a range of technologies, including voice, unified communications, wireless, cloud and training solutions, incorporating technology from leading manufacturers such as Microsoft, Cisco, VMware, Check Point and WatchGuard," Ross said.
"For the immediate future 365IT will continue to trade in the normal way, customers will interact with 365IT through their existing contact points and services will be delivered in the same way using existing processes and knowledge."
The Coretx brand was only born in April 2016 after Castle Street Investments changed its name following its quick-fire acquisitions of Selection Services and C4L, for £34.8m and £20.2m respectively.
It paid just £4.6m for 365IT, which did not make any money in the six-month period leading up to its sale.
Selection Services specialised in managed IT, cloud and network services, while C4L focused on network services and datacentre hosting.
In 2016, AIM-listed Coretx posted an EBITDA of £4.9m on revenues of £43.4m, although after-tax losses hit £4.1m. It won 30 new-name customers during the year.
"We plan to meet as many 365IT customers as possible over the coming weeks, to introduce Coretx, explain the rationale for the acquisition and share the plans we have to take the business forwards," Ross said.
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