MTI plots cloud acquisition spree

Integrator appoints new finance boss to oversee buyout plans

Surrey-based integrator MTI has expanded its senior management team as it prepares to embark on an acquisition spree through the channel.

The firm has appointed Phillip Brown as chief finance officer to oversee its acquisition plans, which form part of its wider cloud strategy.

Brown joins MTI from IT specialist Qubitas Consulting, where he held a similar role. He said: "My background is within delivering value through acquisitions, which is key to the growth of MTI's European leadership and market share.

"MTI's robust financial position and its ability to access significant levels of investment funding make it the right time to pursue an acquisition strategy."

Keith Clark, chief executive at MTI, said mergers and acquisitions would play a big part in the firm's future.

He said: "Our aim is to enhance the capability and expertise of MTI through strategic acquisition to extend and consolidate the services we offer to our customers."

Last month, the firm announced that it had seen a 50 per cent uptick in pipeline business as a result of its support for the Virtual Computing Environment (VCE) alliance.