Teksys snapped up by PE investors

Microsoft Large Account Reseller (LAR) is one of first acquisitions of 2008

Microsoft LAR Teksys has been acquired by two private equity investors.

The two investors, Alan Watkins a former head of Cisco UK and entrepreneur Kevin Lewis, acquired the company today for an undisclosed sum.

Shaun Frohlich, formerly chairman of Teksys, will remain within the business as a director.

He said: “We are proud of our achievements over the past six years and are looking forward to the next phase which will include adding complementary businesses through acquisition.”

Watkins said: “Teksys represents an excellent foundation from which to expand further solutions for our customers including managed service offerings.”