Prism Facilitate PointBeyond Sale to Pythagoras
PointBeyond, a productivity vendor specialising in the delivery of Microsoft solutions across Azure, Power BI and SharePoint has been sold to Pythagoras.
This acquisition reinforces Pythagoras’ position as a leading provider of solutions and services based on Microsoft technology. PointBeyond will strengthen Pythagoras’ expanding productivity team and standing within the IT market, complementing their existing CRM business unit.
The sale of PointBeyond took ten months to complete facilitated by recognised technology M&A specialists Prism Corporate Broking.
Pythagoras CEO, Julian Stone commented, “Phyhagoras is growing at the fastest rate since it was founded in 1999. Each day brings new people, challenges and technology innovations to the business. I have no doubt that this acquisition will reinforce Pythagoras’ position within the UK IT market.”
PointBeyond Managing Director, Ian Woodgate commented, “As a company, we have always had the desire and ambition to be one of the leading forces within the Microsoft Partner Channel. The continual consolidation of the channel has opened up new opportunities for us to grow our breadth and depth of knowledge and capabilities. By joining Pythagoras, I am confident these ambitions will be met.”
Peter Watson, MD of Prism Corporate Broking adds, “We are delighted to have brought these two companies together. There are excellent synergies and they share the same objectives of building productivity and capability, market share, and reputation within the UK IT market. This consolidation will pave the way for them to fulfil their objectives with confidence.”