Peach has written a cheque for MSP Taylor Made Computer Solutions (TMCS) although it is keeping a lid on how many zeros were on the cheque.
The deal means Peach can generate revenue of £20 million and boost its headcount to 200.
Ian Brown, who was appointed chairman of Peach in January 2017, 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. We expect to continue to develop the business through strong organic growth and make further complementary acquisitions in the future.”
Peach was founded in 2006 and is an IT and telecoms provider. It plans to use TMCS’s IT services, security, backup and disaster recovery solutions to expand its own portfolio.
Darren Scott-Healey, Peach CEO, said: “Both companies are hugely complementary 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.”
