Prodec Networks becomes TIEVA

Reseller Prodec Networks has rebranded to TIEVA after merging with several resellers

Tech investors Fulcrum Pegasus carried out the merges with Reading-based VAR Prodec Networks in July 2022 and Northern reseller Optm UK in 2021.

CEO Mark Lee said the firm and investors Fulcrum are also eyeing further acquisitions “to continue to strengthen the company in 2023 and beyond”.

Lee hinted that TIEVA’s acquisition profile could be built up outside of the UK into Europe.

“The acquisition represents a major milestone for the company and it is exciting to be announcing the formation of TIEVA” he said.

“We’ve seen demand for our services accelerate rapidly from customers seeking tangible outcomes from their investment in technology. TIEVA supports our vision to build a sustainable platform for the future growth of the business, through offering the very best business technology solutions, services, and support to our customers.”