Managed IT service provider SysGroup has acquired Hub Network Services (HNS) as part of a £1.45M cash deal. SysGroup continues its ambitious plans for UK growth with its second acquisition this year.
HNS, established in 1997, is a managed connectivity and co-location solutions provider. Its customers include some of the UK’s most well-known brands, including the Welsh Audit Office and Samaritans. The deal will see HNS’ network infrastructure, supply agreements and extensive experience in the industry complement and expand SysGroup’s existing managed IT and cloud hosting offerings enabling "an enhanced portfolio of services and solutions".
Adam Binks, CEO, SysGroup commented: “I am thrilled to have made our second acquisition of the year and look forward to working with the HNS team in due course. The acquisition of HNS further complements our existing managed services, enabling us to offer our customer base an even wider range of enterprise-grade managed connectivity services alongside our existing managed IT services portfolio.”
Binks continues: “As SysGroup continues to grow, we’re excited by the prospects that lie ahead on our journey to become the leading provider of manged IT services to businesses in the UK, and the addition of the HNS team to the group is a big step forward on that journey. Through this time of growth, we’re committed to ensuring that our enlarged customer base continues to receive exceptional levels of service and support as well access to our best-of-breed solutions.”