Allvotec accelerates growth strategy with acquisition of ISG Technology
- Allvotec significantly increases networking and physical infrastructure capabilities
- Leading “partner-only” services business in the UK with annual revenues now in excess of £120m
- Acquisition provides opportunity for further expansion with ISG’s near-shore capabilities in Eastern Europe
Northampton, UK, 19th December 2019. Allvotec has today significantly expanded its operations following the acquisition of networking and physical infrastructure services provider, ISG Technology for an undisclosed fee. The acquisition enables Allvotec, the leading partner-only provider of managed and professional services in the UK, to bolster its networking, Wi-Fi and physical infrastructure capabilities, while also adding the experience and expertise of the Egham-headquartered ISG team to its business.
Following the launch of Allvotec in June this year, this latest move adds an additional 175 staff across the UK and Bulgaria and in excess of £25m of revenue and is further evidence of the company’s intent to become the leading Unified Communications and Technology Services Provider to UK Partners.
Glen Williams, CEO of Allvotec, said: “We are delighted to announce the acquisition of ISG. This business complements and strengthens our existing portfolio and positions Allvotec for further growth. We are very excited about the opportunities this acquisition brings to both Allvotec’s and ISG’s customers”.
Dave Gardner, CEO of ISG, said: “This acquisition is a major milestone in ISG’s 35-year trading history, becoming part of Allvotec is a fantastic opportunity to deliver our services to a much broader set of partners and provides an exciting opportunity for our employees and existing customers to be part of a larger, dynamic and innovative organisation”.
Allvotec was supported on the transaction by both DWF and PwC.
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About ISG Technology
ISG Technology is a market-leading provider of services for the design, deployment and management of enterprise network connectivity with over 35 years of experience. ISG specialises in rapid mass deployment capability with specific expertise in the Retail, Automotive, Hospitality, Quick Service Restaurant and the ICT & Telecoms sectors, supporting companies that have large multiple site operations.
ISG Technology hold all of the required accreditation’s, including five ISO standards, to ensure preferred supplier status with customers operating to internationally- recognised best practices, supporting consistent and excellent quality of service and high standards of corporate social responsibility.