MCSA acquired in largest VAR acquisition of 2019 so far

Third-party maintenance provider snaps up Buckinghamshire-based firm

MCSA has been acquired by third-party maintenance firm Park Place Technologies in what is the largest acquisition in the UK channel so far this year.

The Buckinghamshire-based support firm counts Huawei, Hewlett Packard Enterprise and Fujitsu among its vendor partners.

MCSA founder and chairman Roger Timms said: "We are excited to join the Park Place Technologies family as we combine our enterprise expertise and service capabilities to support customers worldwide.

"This is an excellent fit and builds on the service excellence and customer support which is at the heart of both companies. This is the right move for MCSA, the staff, and for me personally."

MCSA reported sales of £39.4m for the year ending 31 March 2018 - a 25 per cent drop on the previous year, which it attributed to a shift away from low-margin business. It reported an 18 per cent drop in the previous year for the same reason.

Operating profit for its last year, however, swung to £1m, from a £1.8m loss in the previous year.

The acquisition is Park Place's first of 2019, but follows a string in 2018 that saw it snap up businesses in Ireland, Latin America, Singapore and the US.

Park Place CEO Chris Adams said: "MCSA's heritage of providing end-to-end IT services and solutions makes them a welcome addition to the Park Place Technologies family.

"MCSA's depth of experience supporting the datacentre infrastructure of customers is highly regarded.

"With this acquisition of MCSA, Park Place will be the largest TPM in Europe.

"We look forward to welcoming MCSA's customers and bringing our award-winning proactive maintenance services and support to MCSA's customers, while expanding our ability to service current and new customers in the UK."