MSP makes second acquisition following private equity investment
TiG acquires London-based MMRIT
Managed service provider TiG has made its second acquisition since taking on investment from BGF, snapping up London-based counterpart MMRIT.
Watford-based TiG said the takeover creates one of the largest IT services firms catering to the alternative financial services sector in London.
The combined business will have 150 employees.
Des Lekerman (pictured), CEO at TiG, said: "It's a great time to have the capability and expertise to provide these services, as the need and appetite for digital transformation, and for data insights, has never been greater.
"We are proud to welcome everyone at MMRIT to TiG and I look forward to the next phase of our journey together."
TiG was ranked 315th in CRN's VAR 350 report, reporting sales of £6.4m for the 12 months ending 31 March 2018 - up 21 per cent on the previous year.
The Microsoft Gold partner took in investment from BGF in July 2018, before acquiring netConsult in January last year.
TiG was founded in 2001, and taken over by Lekerman in February 2013.