IT Company Acquires Sunday Headlines
Wednesday, June 8th, 2011
on behalf of Euro Business Solutions
Euro Business Solutions strengthens their network of PR Scotland with business headlines in Sunday publication.
The East Lothian IT support company, provided a case study example of how companies can future proof their business as part of Michelle Rodger’s weekly column in Scotland on Sunday.
Michelle’s column focuses on the recent shock announcement from Nokia which revealed that the company’s finiacial performance had fallen well below figures forecasted and how Scottish companies can avoid the same fate.
Bob Bell founder of Euro Business Solutions shows how he has ensured his IT company are not headed for a similar downfall, through the launch of their new business acquisition strategy, after realising it provides increased customer base and a wider range of services, whilst absorbing their competitors to protect their market position.
Along with fellow founder Alex Donaldson, Euro Business Solutions successfully completed a merger with rival InteractIT earlier this which saw them add an additional £175,000 a year to their revenue as well as introducing an additional 30 clients.
After the success of the acquisition, the duo are hoping to acquire three to four similar sized IT companies over the next two years and secure their business future with a projected £2milllion annual turn over.
Bob quotes in the article: “Many IT companies are struggling as a result of the recession. This kind of acquisition programme could be the perfect way for us to protect our position in the market, whilst giving smaller operators a secure long term future.
“We can take positive aspects from each of the companies and integrate them into our own operations, making us a stronger and more diverse company in the long run.”
Tuesday, May 21st, 2019
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