Prism Advises Telecomms Business Integra-ICT Ltd on the Acquisition of IT Services Provider, Applied IT.
After trading for some 20 years, Bedfordshire-based Integra ICT took the strategic decision to further expand their business through acquisition. They chose to work with Prism Corporate Broking to help facilitate the purchase; Prism has a strong reputation for being the experts in ICT and technology based related mergers and acquisitions and know the market well. They soon identified Hertfordshire-based Applied IT as a perfect match; an impressive business that had grown in specialty and reputation since 2003.
Peter Watson, Prism’s Managing Director adds, “Both Integra ICT and Applied IT share the same pro-active and forward thinking approach with a distinct focus on serving their customers to the highest standards: in short, they were the perfect match.”
The IT support services provided by Applied IT naturally allow Integra ICT to expand their product portfolio, offering a wider breadth of services to their own and Applied IT clients, Pas Ruggiero, Integra ICT’s Managing Director agrees, “We now have the ability to extend our integrated voice and desktop solutions into a new area that completely complements our voice expertise. Our clients can now benefit from a more integrated approach from a company they can trust.”
Stewart Peart, Managing Director of Applied IT, will continue to play an important role within the new organisation, he adds, “This is an exciting time; I am looking forward to being part of a larger business and one that unites perfectly with my way of thinking to always focus on the clients. Indeed Integra’s core philosophy is focusing on the 5Cs – Commitment, Communication, Collaboration, Client Focus and Constant and Never-ending Improvement (CANI).”