Top 20 UK reseller and MSP acquisitions of 2022

From Stone and Trustmarque to Caretower and Q Associates, here we count down the biggest deals of the last 12 months

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clock • 21 min read

14. Aspire Technology Solutions

Acquirer: LDC

Deal summary:

In a deal valuing it at £85m, Gateshead-based telecoms and managed services provider Aspire Technology Solutions snared backing from private equity house LDC in March.

Deal rationale:

LDC is arguably the UK IT channel's most prolific private equity investor, with Acora, Littlefish, OneCom, Phoenix Datacom and Kerv among its recent or current portfolio firms.

It billed Aspire - which turned over £28m in its fiscal 2022 - as "one of the fastest growing IT managed service and cyber security providers in the UK".

LDC said it will support the Microsoft, Mitel, Cisco and Sophos partner in its pursuit of organic and acquisitive growth. Its full-fibre network, which boasts bandwidth speeds of up to 100 gigabits per second, was also a prime motivation for the deal.

Key quote:

"Working with a leading investor that's right on our doorstep in the North East was really important to us. LDC has an extensive history of supporting businesses just like ours to grow," Chris Fraser, CEO, Aspire Technology Solutions

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