Nasstar completes acquisition of KCOM's IT services business

The move, which was first announced in June, will strengthen the MSP's position in the public sector market

Nasstar completes acquisition of KCOM's IT services business

Nasstar has completed the acquisition of KCOM's national IT services business in a deal the MSP says will make it "one of the largest independent providers of managed services in the UK".

The deal was first announced in June following an "in depth strategic review" at KCOM, which has a network of over 700 partners and resellers.

It will "significantly increase the scale, propositions, and presence of Nasstar", the company says, while enabling it "to address very large enterprises and public sector organisations across a broader product and services portfolio".

Wayne Churchill, CEO of Nasstar, said: "We have been delighted with the feedback from customers since we announced the acquisition, and this has helped move the deal to completion quickly.

"We now look forward to the future and realising the value and opportunities that the combination of KCOM's people, capabilities and customers represents combined with Nasstar."

The acquisition also sees the Microsoft and Amazon partner become part of the NHS Health and Social Care Network (HSCN), meaning it is fully accredited to provide and deploy HSCN network services to the health and care sector across the UK.

KCOM's IT services business, which includes managed services, hosting, connectivity, voice and projects, generated revenues of £166.6m in its year ending March 2020. Its wholesale and retail operations in Hull, east Yorkshire and north Lincolnshire will remain part of its existing business.