ORCHARD
Managed IT services provider SysGroup enhances offering in the South-West with Orchard acquisition
Managed IT services provider SysGroup enhances offering in the South-West with Orchard acquisition
Alinea has advised the shareholders of Orchard on their sale to SysGroup
In the short space of six months from start to finish, Alinea brought Orchard to market and successfully secured multiple offers, giving us the luxury of choosing our preferred buyer. Throughout the entire process they have kept us calm and on track, guiding us through to the finish line. We could not have achieved this without them! Ian Terry & Chris Patten, Shareholders.
Based in Bristol, Orchard is a managed IT service provider. It has been in operation for over 30 years and has built a loyal customer base, largely covering the South-West of England. The business represents customers across a range of industries, covering both the public and private sectors.
Orchard’s managed IT services offering mirrors that of SysGroup, providing high quality consulting services and building tailor made, vendor agnostic solutions designed specifically to meet individual customer needs, followed by ongoing technical support.
SysGroup is a leading provider of managed IT services, cloud hosting, cyber security and expert IT consultancy. The Group delivers solutions that enable clients to benefit from industry leading technologies and delivers managed solutions with security, compliance and governance from the core. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of managing IT services. The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester, Newport and Telford.
Adam Binks, CEO of SysGroup, commented: “I am thrilled to be announcing our second acquisition of the financial year. Orchard is a well-established, well-respected business with a loyal customer base in the South-West of England and I am delighted that we have been able to bring this business into the Group.
Alongside Alinea, Jamie Partington, Richard Freeman and Jayne Holliday from Higgs LLP provided legal advice to the shareholders.