ANS snaps up covid blighted Preact

ANS has acquired the Covid damaged Microsoft partner Preact, according to a Statement of Proposals filed this week on Companies House.

Preact called in insolvency practitioner FTS Recovery on 1 December, the long-established Microsoft Gold partner employed around 60 staff in the UK and India.  The company had been doing well until Covid hit.

HMRC had threatened to wind up the Maidenhead-based outfit when it could not meet a  £300,000 tax bill on 30 November.

Manchester-based public and private cloud provider ANS agreed to pay £250,000 for the company and the majority of its assets on 23 December as it formally entered an adminstration, with top management publicising the deal on the same day.

FTS estimated that the firm owed HMRC £1.5 million and largest supplier Ingram around £650,000.

ANS said that by bringing Preact into ANS it was giving its customers access to a broader range of services and capabilities to help their businesses grow and scale. It strengthens ANS’s position in the market and opens up significant opportunity in the Dynamics 365 space.

“We are looking forward to building on the strong relationships Preact has developed with customers and partners to continue to support digital transformation for every size of organisation.

“Preact and ANS share similar values and cultures, putting their people first. This is a hugely positive move for our people and our customers and puts us in a strong position to start the year.”