Two Into One Merger of IT Specialists Makes The Headlines
Monday, May 2nd, 2011
on behalf of Euro Business Solutions
Leading Scottish IT company celebrate media success following mergers and acquisitions
IT Company Takes A Byte of Positive Scottish PR.
Euro Business Solutions which provides support and technical expertise to companies across Scotland has earned new media coverage for its expansion.
The firm merged with a smaller rival to expand its staff and client base and now plans a series of acquisitions to achieve further growth.
Based in purpose-built offices in Tranent, East Lothian, the firm is an important local employer and its offices have become a well-known landmark by one of the busiest stretches of the A1.
Since being formed in 1997 by Alex Donaldson and Bob Bell, Euro Business Solutions has enjoyed steady growth and included Edinburgh International Conference Centre and Hibernian FC among high-profile clients.
The company’s latest positive news has featured in the pages of the East Lothian News, one of the most respected news sources serving the area.
It reported: “The merger will add around £175,000 a year to the company’s current £1.2m a year turnover, swelling staff numbers to 13.”
PR Agency Helps IT Experts Hit The Headlines
News of growth at Euro Business Solutions has been featured in the Edinburgh Evening News.
The IT support firm has garnered positive headlines after absorbing its Edinburgh-based rival, Interact IT.
Now the Scottish capital city’s biggest newspaper has reported how Euro Business Solutions has added 26 new names to its 120-strong client roster.
New clients join a long list of satisfied businesses which rely on the expert team at Euro Business Solutions for desktop PC support as well as peace of mind with servers, networks and productivity software.
The Evening News reported: “Founder Alex Donaldson and Bob Bell, who set up the company in 1997, have also welcomed key Interact IT staff into the firm’s purpose-built HQ in East Lothian.”
Euro Business Solutions has a team of engineers who are constantly on the road in the firm’s fleet of branded vehicles.
The Interact IT merger comes two years after the company bought over another Edinburgh-based firm, Eve Networks.
Now the company plans further expansion through acquisition and is eyeing the buy-out of three similar-sized IT Scottish IT support companies over the next two years.
Euro Business Solutions strengthens their network of Scottish PR 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 financial 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.”
The full article can be viewed on The Scotsman’s website.
IT support company kick starts Scottish PR with coverage of their latest merger in one of Scotland’s biggest business supplements
The Herald’s monthly business pages has featured a story on Euro Business Solutions after they merged with rivals InteractIT as part of a series of acquisitions, which will see the company bring £2million a year to their bottom line.
The merger which took place last month adds £175,000 annual income and an extra 26 clients to Euro Business Solutions’ profile – taking their total number o clients to 120. The merger comes just two years after the company joined forces with Eve Networks and over the next 24 months they hope to acquire four or five new businesses to double their annual income from £1million.
Staff from InteractIT will join Euro Business Solutions’ staff at their headquarters in MacMerry, East Lothian and their Director Simon Thomasson will take on the role of sales and business development manager.
Alex Donaldson director of Euro Business Solutions quotes in the article: “The team from InteractIT bring an exciting new set of skills and new clients and we are delighted with how smooth the transition has been.
“The success of this move has underlined how years of investment in our staff, offices and infrastructure has really paid off. We now have avery secure, scalable operation.
“With that knowledge we are now more determined than ever to expand further, hopefully by acquiring a series of like minded IT support businesses who share our aims and ambitions.”
The full article appeared in May 2011’s business supplement for The Herald.
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