Chess ICT completes acquisition of TMS

Mon, 24 Sep 2018 | BUSINESS SALE

Computer services and support company Chess ICT has successfully acquired independent billing systems specialists TMS, presently headquartered in Oxfordshire.

Established in 2001 by David and Suzanne Chappell, TMS is expected to provide the UK telecoms industry with channel support services and will bring Chess ICT a range of data and voice specialities. Chess will also integrate TMS’s services into its own product range to install a secure and well-managed billing service.

Furthermore, the company will also take on board TMS’s 100 channel partners and resellers in its network, and will incorporate the WLR3 integration team to support end-users with the installation of best systems for their individual needs.

David Pollock, Chess’s founder and CEO, said: “For a long time now, we’ve had an aspiration to acquire [TMS] if the opportunity presented itself. Their experience and reputation will really enhance relationships with our partners.”

The current management team, including operations director Helen Booker, will integrate itself smoothly into the Chess staff, but Suzanne Chappell will be retiring and thus will not make the transition along with her team.

Chappell said: “The next stage of TMS’s journey is going to be exciting as part of team Chess. I know that our senior management and team members will thrive as part of Chess, with its greater scale in sales and support and award-winning workplace ethos. With our years of channel focus and expertise and 112 loyal partners, we bring real value to Chess’s partners.”

Chess has stated that it will continue to expand its business by making further acquisitions in the future to enable a greater reach across the ICT industry and cater to more clients with newer services.

For more news stories about mergers, click here. For all our business for sale listings, click here.


Share this article



Latest Businesses for Sale

IT Telecoms Business
Lincolnshire, Yorkshire and the Humber, UK

Profitable and 10-year established telecoms and technology services company based in Lincolnshire complete with Freehold premises. With a large proportion of turnover coming from ongoing and retained client business, the company has a fantastic reput...

Asking Price: £950,000
Turnover: £500,000

LEASEHOLD


Video Content Management Solutions Provider
UK Wide

Provider of complete video content management software solutions for the creation, delivery, and monitoring of both live and on-demand media content. With expertise in streaming software, the company’s offering simplifies the integration of streaming...

Asking Price: Offers Invited
Turnover: £615,000

Web Technology Agency
Yorkshire and the Humber, UK

Specialists in the design, build, development & management of large websites, web platforms & Content Management Systems using Microsoft .NET technology, particularly Kentico & Umbraco. Existing Kentico partners. Large digital consultancies. Website...

Asking Price: Offers Invited
Turnover: £1,300,000


View more businesses for sale

News Search

Latest News

 
27
 
Mar
 

Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

 
26
 
Mar
 

Leicestershire building products firm enters administration | ADMINISTRATION

Leicestershire-based System Building Products Limited has en...

 
25
 
Mar
 

Kaupthing plans sale of Oasis and Warehouse | BUSINESS SALE

Icelandic-owned UK women’s fashion retailers Oasis and...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources