Wed, 04 Dec 2019 | MERGER
Southampton-based IT providers Aura Technology and Amicus ITS have merged to form Aura Technology Group.
The group will operate across both the private and public sectors, with the companies having a combined turnover exceeding £10 million. Each company will retain their individual brand identity and client base, but will now share expertise while offering customers a wider range of services.
Aura Technology will continue to work at a senior level with private sector organisations, while Amicus ITS will continue offering its services to public sector and healthcare customers.
As part of the merger, Aura Technology Managing Director Tim Walker will become MD of Aura Technology Group, while Amicus ITS MD Steve Jackson will now take on a non-executive board role.
Moore Blatch’s Peter Jeffery acted on behalf of Aura Technology in the deal, while Oliver Kelly of BDB Pitmans advised Amicus ITS. The merger was privately funded.
Aura Technology Group MD Tim Walker commented: “Amicus ITS is established as a leader in IT services in the public sector and shares the values that we have built Aura Technology upon.”
"It is unusual to find such a mid-market and enterprise-focused business in the sector, and I am pleased to welcome the Amicus team into the Aura Technology Group and look forward to working together to build on our success in delivering outstanding IT solutions to existing and new customers."
Steve Jackson added: "Tim and the team at Aura Technology have a passion for excellence and for working in close partnership with customers to provide solutions that meet their strategic goals.
"The two businesses complement each other perfectly and the team at Amicus are excited to be driving into the future in what I believe will be a formidable force."
The business presents a unique opportunity in the burgeoning LegalTech sector, offering startups and SMEs high-quality legal services through an advanced AI-powered platform that combines efficiency with expert oversight.
With a track record going back 30 years, the company boasts specialist skills in wireless technology. The comprehensive product and service offering has, to date, focused on the critical network infrastructure sector, with well-respected expertise in...
The company is highly regarded provider of ICT consultancy and cloud services, operating primarily in the education sector. Services include digital transformation consultancy, centralised remote IT support with on-site health checks, Google Cloud a...
17
|
Sep
|
Construction materials firm acquires civil engineering contractor | BUSINESS SALE
Fox Brothers Holdings, a private equity-backed construction ...
17
|
Sep
|
Assets and IP of non-HFSS bakery brand set to be sold in pre-pack deal | ADMINISTRATION
Urban Legend, a healthier sweet bakery brand, is poised to e...
17
|
Sep
|
Regional care home operator expands with double acquisition | BUSINESS SALE
Regional care home operator Maven Healthcare has expanded wi...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.