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 Support Business
London, Buckinghamshire, South West, UK

An opportunity exists to purchase the business and assets of well-established IT support business, a division of a wider company. The business offers a comprehensive range of UK wide managed IT support services for Small to Medium sized Enterprises (...

Asking Price: £50,000
Turnover: £1,100,000

LEASEHOLD


Major Innovator of Job Search Technology & Related Platforms
East of England, UK

One of the top job search portals - developed in-house - with over 1m UK-based vacancies available from employers operating in nearly all sectors across the UK. Also develops & operates a series of complementary platforms & mobile apps for use within...

Asking Price: Offers Invited
Turnover: £3,400,000

B2B Online Retailer & Reseller of New & Used Parts for Apple Computers & Devices
UK Wide

B2B online retailer & reseller of new & used parts for Apple computers & devices, in addition to providing a flexible and comprehensive in-house repairs and upgrade service to client-base located UK-wide and internationally. Preferred supplier status...

Asking Price: Offers Invited
Turnover: £700,000


View more businesses for sale

News Search

Latest News

 
22
 
Jan
 

Jewellery retailer enters administration | ADMINISTRATION

A Nottingham-based jewellery and watches company has fallen ...

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...

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