Flotek Group has expanded its regional presence in London and Cambridge with the acquisition Simpology UK, taking its total revenue to £17m and headcount to 120.
The company shares several key partners with Flotek, including Microsoft, N-able Cove and ZEN Internet. It furthers strengthens Flotek’ Azure practice.
Lee Frankham, MD, and Mark Balaam, Technical Director, will remain with Simpology to ensure a successful integration of the businesses. This period will focus on aligning services across cyber security and communications services.
Jay Ball, CEO of Flotek Group, said: "This acquisition brings over 50 new managed support customers, plus more than 50 customers under the IT4Hair retail focussed sub-brand, as well as an additional £1m in revenue, taking our total to 120 employees and £17 million in revenue."
Frankham added: " The integration of Flotek's products and services will open new growth opportunities for our customers. “e anticipate growth in our business by leveraging Flotek’s national team and products and services."