Cloudy Managed Services Provider (MSP) Node4, has acquired Starcom which is the MSP division of K3 Business Technologies Group (K3).
The acquisition will see Starcom Technologies become part of Node4’s comprehensive portfolio of services, further adding to its capability of delivering enhanced cloud-managed services throughout the UK. It also expands the company’s operational presence with offices in Scotland, the North West and South East England.
Starcom has annualised revenues of £11 million and Node4 said the acquisition presents a huge opportunity for Node4 to continue its growth as a leading national provider of cloud managed services, expanding its operational footprint while deepening the company’s cloud hosting expertise with enterprise resource planning (ERP) systems such as SYSPRO, Sage and Microsoft Dynamics.
This is the largest acquisition by headcount in Node4’s history will see Starcom Technologies’ 80 plus employees join Node4, along with Managing Director, Neil Farnworth, Director of Hosting Services, Steve Donaghue, Director of Technical Services, Darren Harrison, and Sales Director, Stuart Buckley. Bringing more than eight decades of combined experience, the Starcom Technologies management team will continue to deliver exceptional service to clients with the support and expertise of Node4 and the benefit of the company’s wider portfolio of services, it’s claimed.
Node4 Andy Gilbert said: “Welcoming Starcom Technologies, its management team and entire employee base to the Node4 family is an important step for both organisations in our shared mission of helping businesses on their journey to the cloud and digital transformation. As a fast-growth business, keeping our core values at the centre of what we do is crucial, and we worked hard to identify an organisation that would compliment and enhance both our service offering and company culture.”
Neil Farnworth, Managing Director at Starcom Technologies, said that the deal will ensure those values are maintained as the two companies scale together.
“I’m extremely pleased Starcom employees will have the opportunity to grow and enhance their skills with access to Node4’s expertise and services. We’re looking forward to playing a key part in developing the exciting roadmap of cloud-led, digital transformation services that Node4 has in store”, Farnworth said.
