Entrepreneurs Forum

8th February 2010 - Croft Takeover Boosts Growth For TSG

North East-based Technology Services Group (TSG) has made it's 23rd acquisition, following the takeover of Newcastle firm Croft Technology - a firm specialising in network design and installation, disaster recover and business continuity. 

Launched in 2003, TSG is building nationwide coverage and this latest acquisition marks the 23rd purchase by the firm, which was founded by Graham Wylie.  Croft's office in Hertfordshire will provide a further stepping stone to wider geographical coverage and the deal swells staff number to 460 across 14 offices.

Croft managing director Phil Renton said of the takeover: "The key is that TSG as a group have an awful lot of clients, many thousands more than we have here.  This gives us the opportunity to work with the TSG regions and to deliver into the regions  to their clients the skills the group didn't have at the moment."

TSG's chief executive David Stonehouse said: "The launch of TSG Enterprise Solutions through the national coverage and wide skill set of Croft Technology staff will truly enable us to be a one-stop IT service for our clients, covering all of their IT, cabling and telecommunications requirements.

"It will provide us with the skills and capabilities to extend the product and services range currently offered by TSG to incorporate areas such as telephony, unified communications, large scale wireless deployment, structured cabling and virtualisation solutions.

"They have a national set-up already and the skill-sets they've got are what we think a lot of our customers need."

---