Peach Technologies and Taylor Made Computer Solutions (TMCS) – two of the most established and respected providers of IT and communications services – have joined forces. TMCS has been acquired by Peach for an undisclosed sum.
Together the enhanced group will have sales of some £20 million, circa 200 employees and a customer base of more than 1,000 organisations.
The group will combine market-leading connectivity, mobile, telephony services and existing IT services from Peach with the extensive IT services, security, backup and disaster recovery solutions from TMCS enabling the group to offer an expanded range of products and services to customers.
Darren Scott-Healey, CEO of Peach, said: “We’re thrilled to bring together the exceptional skills and first-class services of two market leaders. Both companies are hugely complimentary and enhance our ability to provide a one-stop shop solution for IT, telephony and communications services. We look forward to using our combined scale to do even more to help our customers grow, succeed and increase profitability”.
Nigel Taylor, founder and managing director at TMCS, said: “It is amazing to reflect on how far we have come since Aly and I started Taylor Made 24 years ago from our family home near Fareham. Our highly skilled and IT passionate people, combined with our tailored approach to providing the correct products and services have been the foundations for creating a successful and highly respected business. By combining forces with Peach, we bring together a unique combination of talent that will provide an even bigger benefit for our customers and partners.”
The combined directors and management team will lead the enhanced group with Nigel Taylor remaining as a consultant to the board of directors.
Ian Brown, chairman of Peach, said: “The combination of Peach and TMCS marks a transformational step in the evolution of the Peach group to fulfil our aspiration of becoming one of the leading IT and communications providers for small and medium-sized enterprises throughout the UK. After joining the group as chairman in January 2017, we quickly identified the massive opportunity generated by the combination of these two businesses, and it is very pleasing to make it a reality. We expect to continue to develop the business through strong organic growth and making further complimentary acquisitions in the future.”
Moore Blatch’s corporate team advised Peach Technologies on the acquisition.
Peter Jeffery, Moore Blatch corporate partner, said: “We have worked with Peach Technologies for many years and this deal is the culmination of a huge amount of time and effort spent by the Peach Technologies board and shareholders. Peach Technologies have enjoyed huge success by providing the very best service and solutions for their customers, and their acquisition of Taylor Made now enables them to provide a single point of contact for integrated IT, telephony mobile and data protection.
“Our IT expertise provided a real value-add to Peach Technologies, which is now truly a technology-based business. As customers of both businesses we look forward to benefiting from the improved connectivity that the merger will bring to two key suppliers.
“Having done over £1 billion of deals in this sector, we have calved out a real expertise and clients are benefiting massively from such a specialism.”
Formed in 2006, Peach is a leading provider of IT and telecoms services to SME organisations throughout the UK. The company provides an extensive range of cloud, IT, connectivity, telephony and data services for business organisations in multiple industry sectors with the aim of “making technology simpler”. With an established reputation for nimble, flexible service and a passion for customer service Peach is based out of a start-of-the-art facility at Whiteley, near Southampton. The success of Peach has been recognised through the company featuring multiple times in the Sunday Times Tech Track and the Deloitte UK Technology Fast 50 league tables.
Formed in 1994, TMCS is a leading MSP and provider of IT services to SME organisations throughout the Solent region and southern England. TMCS provides a wide range of IT helpdesk, professional, consultancy and managed services for clients. These include cloud, security, connectivity, backup and disaster recovery services. Hugely passionate about customer service TMCS focuses on helping customers achieve their business objectives through the use of IT.