Workflo Solutions has acquired competitor Incovo in a deal that follows three months of strategic negotiations and sees the company fully integrating Incovo’s assets and operations into its expanding business, strengthening its position in the industry.
Both businesses operated within the same market since inception, and a mutual respect, synergy and alignment of values made the acquisition an ideal solution – with Chris Thomas, CEO of Incovo and Michael Field, MD at Workflo entering an exclusivity arrangement before striking the deal.
This acquisition will mean Workflo benefits from partnerships with vendors in hardware, cloud and hosted communications, enabling it to bring new products, services and value to the client base.
Field commented: “The acquisition of Incovo is a significant step in strengthening Workflo Solutions' ability to provide comprehensive services.
“This strategic move aligns with our vision for growth, allowing us to enhance our offerings and deliver even greater value to our clients.”
The Incovo deal is the latest milestone for Workflo Solutions, following the completion of a series of high profile acquisitions in recent years, including the purchase of Pyramid IT, TRM, Redwax Ltd. and MacD IT.