Published: May 28, 2020 | Updated: 28th May 2020
A Dorset-based IT services provider founded just seven years ago and which has grown to 25 staff and a £2.5m annual turnover has been sold for an undisclosed sum.
Amica Technology, based on the Ferndown Industrial Estate, has been acquired by Telappliant, the cloud services provider.
All 25 staff have been retained while CEO Chris Howard, who co-founded Amica Technology in 2013 with Shaun White, becomes Business Development Director.
He said: “I am very proud of what my team and I have achieved in the last six and a half years.
“It’s our dogged attitude to providing a quality service that has achieved the incredible growth that we have experienced.
“This acquisition creates exciting opportunities for us all.
“We look forward to joining the Telappliant family and accelerating our new combined plans.”
Muhammad Nasim, CEO of Telappliant, said: “We are delighted to welcome the team at Amica Technology into Telappliant
“It is a key component of our acquisitive growth strategy – adding managed IT services allows us to offer a wider portfolio of business critical services to UK SMEs and it positions us for further scale and growth.”
Tan Aksoy, Director of M&A, added: “I am delighted that we have concluded this acquisition.
“We are continuing our transformation strategy into a fully loaded managed services provider.
“The current climate has brought its own challenges, but we are confident that the change in business behaviour will bring with it an increased demand for our services going forward.”
Amica Technology has doubled in size every year since its launch in 2013.
The company offers round the clock proactive and reactive support to more than 400 clients ranging in size from micro to over 300 staff.
Clients include the NHS and the Home Office.
Telappliant is an award-winning London-based cloud services provider.
It has more than 17 years’ experience in providing internet telephony, connectivity, security and IT services to UK businesses with a client base of over 6,000 businesses.
Chris said the Amica Technology team were “very happy and excited” at the acquisition which opened up a range of new opportunities.
Talks first started with Telappliant 14 months ago.
He added: “For me it means that instead of doing 14 or 15 jobs as CEO I can now concentrate on one.”
It’s the second company Chris has created and sold after founding Rejuvenate Group in 2009 and selling his share in the business four years later.
The former student at Bournemouth School for Boys started his IT career in 1997.
Amica Technology will continue to trade under the same name.