MITSG acquires Everything Tech and moves head office to Manchester
The acquisition will see Everything Tech become the flagship brand in the group
Manchester-based MSP Everything Tech is being acquired by Managed IT Services Group (MITSG) in a deal that will see it become the flagship brand of the group.
MITSG is a UK-based managed services provider specialising in cloud and remote desktop services, networks and security, voice and contact centre, and IT support.
It's acquisition of Everything Tech will see Manchester become its national headquarters and will bring the group's total headcount to 100.
Managing Director of Everything Tech Ruth Hall said: "Over recent years, we have been approached several times to sell the business however, those buyers were never aligned with our core ethos and culture, where our customers and our people come first.
"MITSG very much share our beliefs and values and believe in the brand we've worked hard to build over the past 12 years.
"We see this acquisition as the start of a very exciting period of growth for Everything Tech, as well as an opportunity for our existing customers to benefit from a comprehensive offering."
MITSG was founded in November 2020, according to Companies House, and is led by the former executive team of unified comms giant GCI.
GCI rebranded to Nasstar last year following its acquisition of the AIM-listed business, which propelled its revenues to almost £120m.
This is the latest acquisition for MITSG, taking the total to four since May 2021.
CFO Mark Allen said: "Our vision has always been to provide SMEs with access to real experts across every aspect of the managed IT provision, with customers and staff central to our business.
"The acquisition of Everything Tech provides another part of the jigsaw that will enable us to bring our vision to reality. The brand that Ruth, Lee and Anthony have created is sector-leading and a genuine fit for our portfolio.
"After experiencing incredible year-on-year growth, we feel truly privileged to have the opportunity to take Everything Tech forward into a new and exciting chapter."
MITSG is headed by former GCI CFO Allen and COO Phil Smith.
The group is backed Boost & Co for acquisition funding and was underpinned by director's loans.