Managed IT Services Group (MITSG) has secured a £10m investment from Boost&Co to support the MSP’s buy and build strategy that includes the acquisitions of Nexbridge, Whypay and Charles Street Solutions.
The Manchester-based company is aiming to unite the three businesses under the umbrella of the MITSG and the funding from Boost&Co will help support this strategy as well as accelerate future growth.
Mark Allen, CFO at MITSG says: “With this support from Boost&Co we are in a great position to build upon our existing acquisition strategy, enhancing the proposition of the group and accelerating growth."
Ryan Sorby, the head of the north and Scotland at Boost&Co added: “The funding from Boost&Co will enable the team to make selective acquisitions to scale the business quickly, expanding MITSG’s reach within the sector and delivering on its growth ambitions.”