DROPJAW ADVISE IT MSP CONNECTUS ON 4th ACQUISITION

Connectus Business Solutions has acquired tech specialists IT For Growth, it can be announced today.

 

The deal is the second in the space of five months, the 4th in 3 years and forms part of an “aggressive strategy for growth” which Connectus has planned for 2024 and beyond.

Dropjaw are delighted to have been retained advisors for the past 5 years and has helped the company to double digit growth year on year.

By acquiring the Grimsby-based firm, Connectus, which has offices in Salford and Doncaster, will be able to extend its reach into Northeast Lincolnshire. This will allow them to connect to more customers boosting the plus 500 plus client base they are already servicing across the north of England and in the Midlands.

DropJaw Managing Partner added “The MSP space is experiencing huge consolidation at the moment and as we continue to remain focussed on supporting Connectus’ sustainable growth and outstanding customer services. As a result, will be aiming to support the Connectus board to complete several more transactions this year.”

The deal comes five months after Connectus acquired Mango Tech.

Commenting, Jonathan Cozens, the CEO of IT For Growth, said: “I’m delighted to confirm this acquisition. Connectus demonstrated to me that the support, growth and long-term development of our customers are of the highest importance to them. They offer a notably better support level than we can deliver at our current size. Although we have been very successful at delivering a first class customer experience over the last seven years, the limited size of our team means we don’t have the breath strength in depth to deal with the size of the opportunity around our client base and the local area.

“Connectus’ superior scale means they will be able to provide an ongoing technology partnership for your business as you grow. Their track record in enterprise IT systems means they can advise from a position of authority on how best to achieve the commercial outcomes you want, regardless of intended size.”

IT For Growth has helped scores of small to medium businesses looking to improve and grow their income. They specialise in enterprise business support and business workshops which deliver structured training systems which enable firms to make the correct choices for their business and deliver optimum growth.

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