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SYSGROUP ACQUIRES HUB NETWORK SERVICES FOR £1.45M IN CASH

June 24th, 2019 In Press Release by Emmy Lippold

SYSGROUP ACQUIRES HUB NETWORK SERVICES FOR £1.45M IN CASH

Managed IT service provider continues ambitious growth strategy with second acquisition of 2019

SysGroup PLC (“SysGroup”), the multi award-winning managed IT services and cloud hosting provider, today announces that it has completed the acquisition of Hub Network Services (“HNS”) for a consideration of £1.45 million in cash.

The acquisition is the latest in a series of deals made by SysGroup in recent years, as it continues with its ambitious growth strategy to become the leading provider of managed IT services to businesses in the UK. It is also SysGroup’s second acquisition of 2019, following the acquisition of Certus IT in early February.

HNS, established in 1997, is a managed connectivity and co-location solutions provider. Its customers include some of the UK’s most well-known brands, including the Welsh Audit Office and Samaritans. The deal will see HNS’ network infrastructure, supply agreements and extensive experience in the industry complement and expand SysGroup’s existing managed IT and cloud hosting offerings enabling SysGroup customers to benefit from an enhanced portfolio of services and solutions that help address the increasingly complex IT landscape in which they operate.

Adam Binks, CEO, SysGroup commented: “I am thrilled to have made our second acquisition of the year and look forward to working with the HNS team in due course. The acquisition of HNS further complements our existing managed services, enabling us to offer our customer base an even wider range of enterprise-grade managed connectivity services alongside our existing managed IT services portfolio.”

Binks continues: “As SysGroup continues to grow, we’re excited by the prospects that lie ahead on our journey to become the leading provider of manged IT services to businesses in the UK, and the addition of the HNS team to the group is a big step forward on that journey. Through this time of growth, we’re committed to ensuring that our enlarged customer base continues to receive exceptional levels of service and support as well access to our best-of-breed solutions.”

- Ends -

Advisers to SysGroup

Legal: Ian Gillis, Sean Lightfoot & Olivia Jones of Hill Dickinson Manchester

Financial: Neil Robinson, Rowan Porter & Firuz Ozari of Grant Thornton Manchester

About SysGroup

SysGroup is a multi award-winning managed IT services, Cloud Hosting, and expert IT Consultancy provider. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities.

SysGroup focuses on customers’ strategic and operational requirements – enabling them to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services. Services include managed IT, cloud hosting, security solutions, connectivity and strategic technical consultancy.

The Group holds a range of strategic partnerships with leading technology vendors, boasting Dell Gold, WatchGuard Platinum status, Veeam Gold, Kaspersky Gold, Microsoft Gold Datacentre, HPE Silver, VMWare, Mimecast and Zerto. Accreditations include ISO 27001:2013 that protects your company information and ISO 9001:2015 for quality management, Visa Level 1 Merchant Service Provider status to underpin its PCI hosting capabilities.

SysGroup has offices in Liverpool, London, Newport, Telford, Coventry and Bristol. For more information on SysGroup, visit www.sysgroup.com

For further information please contact:

For further information please contact:

Emmy Lippold

Group Marketing Director

SysGroup PLC

0151 559 1777

PR@sysgroup.com

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