Air IT has further expanded its geographical reach with the acquisitions of Oxford-based Riverbank IT Management and Coventry-based Nexus GS.
The acquisitions follow the purchases of London based Netstar and Birmingham based Microtrading, which kicked off Air IT’s acquisition plans that will see them realise the ambition to become the UK’s largest SME cloud focussed MSP in the UK back in October of this year.
The run of M&A activity is backed by August Equity Partners, as Air IT looks to continue to expand its managed IT and communication services, specialising in delivering IT support, cloud, telephony, cybersecurity, and business intelligence solutions to SMEs throughout the UK.
The acquisitions increase the overall Air IT headcount to 175 and add further geographical locations from which to serve its growing base of over 1,000 clients. The combined technical expertise and local reputation of both Riverbank and Nexus GS will allow Air IT to address the Thames Valley market whilst bolstering its position within the West Midlands.
John Whitty, CEO of Air IT, said: “Following the recent acquisitions of Netstar and Microtrading, we are very excited to be able to welcome the Riverbank and Nexus GS teams to the Air IT family.
“Both businesses bring significant value to the table and will be integral in helping us realise our plans to grow and cement our position as the outsourced IT services partner of choice to the SME community in the UK.
“Both are highly accredited and mature MSPs and will be a great fit for the Air IT group with very similar values, culture and passion for helping clients become more successful, efficient and secure through the adoption of performance-enhancing technology”
Continuing growth
Air IT, Riverbank and Nexus GS have continued to be individually successful in maintaining organic growth over the last three years, with each consistently delivering 20 percent year on year growth.
Marc Juffkins, Managing Director and Founder of Riverbank IT Management, commented: “Riverbank has always been committed to providing the very highest standards of service and support to our clients, and we look forward to helping our customers realise the joint benefits that being part of the Air IT group will bring, including access to a broader range of business-enhancing services such as managed cybersecurity and Business Intelligence (BI) as a service.”
Justin Huckfield, Founder and Managing Director of Nexus, added: “We’re all delighted to join the Air IT group. They have an excellent reputation and track record. Its investment in support systems and breadth of expertise will enable Nexus GS to better serve and meet the ever-changing needs of our clients. It’s clear that Air IT shares a similar ethos as Nexus GS with people and client-centric values at the core of its operations.”
