Allvotec has written a cheque for networking and physical infrastructure provider ISG Technology.
The move expands the partner-only IT service provider’s operations, bolstering its networking, Wi-Fi and physical infrastructure capabilities, while also adding ISG’s experience and expertise to the business.
Launched in June 2019 as a rebranding of Daisy Partner Services, Allvotec has positioned itself as a partner-exclusive provider with broad experience across public and private sectors.
Allvotec said the buyout highlights the company’s intent to become the leading unified communications and technology services provider to UK partners, while also allowing for further expansion with ISG’s near-shore capabilities in Eastern Europe.
Allvotec CEO Glen Williams said: “We are delighted to announce the acquisition of ISG. This business complements and strengthens our existing portfolio and positions Allvotec for further growth. We are very excited about the opportunities this acquisition brings to both Allvotec’s and ISG’s customers”.
ISG has over 35-years’ experience as a provider of services for the design, deployment and management of enterprise network connectivity. The firm specialises in rapid mass deployment capability, offering expertise in the Retail, Automotive, Hospitality, Quick Service Restaurant and the IT & Telecoms sectors.
Allvotec’s purchase of ISG adds 175 staff across the UK and Bulgaria to the business’ existing 1,400-strong staff base, as well as £25 million of revenue.
ISG CEO Dave Gardner said: “This acquisition is a major milestone in ISG’s 35-year trading history, becoming part of Allvotec is a fantastic opportunity to deliver our services to a much broader set of partners and provides an exciting opportunity for our employees and existing customers to be part of a larger, dynamic and innovative organisation.”
