Moore Blatch advises Poole based Venture Engineering on acquisition of Fylde
Moore Blatch’s corporate team have advised Peach Technologies on its acquisition of Taylor Made Computer Solutions.
A multi-award winning organisation, Whiteley based Peach Technologies provides marketing-leading connectivity, mobile and telephony services for businesses and has over 1000 customers.
Taylor Made Computer Solutions is one of the Solent region’s largest IT service providers delivering IT solutions for businesses, education and public sector organisations. Peach Technologies’ acquisition of Taylor Made will enable it to expand its existing IT business, and take advantage of the converging telecommunications and IT sectors.
Commenting on the deal, Peter Jeffery, Moore Blatch corporate partner, said: “We have worked with Peach Technologies for many years and this deal is the culmination of a huge amount of time and effort spent by the Peach Technologies board and shareholders. Peach Technologies have enjoyed huge success by providing the very best service and solutions for their customers, and their acquisition of Taylor Made now enables them to provide a single point of contact for integrated IT, telephony mobile and data protection.”
“Our IT expertise provided a real value add to Peach Technologies, which is now truly a technology based business. As customers of both businesses we look forward to benefiting from the improved connectivity that the merger will bring to two key suppliers.
Having done over £1bn of deals in this sector, we have calved out a real expertise and clients are benefiting massively from such a specialism.”
Ian Brown, Peach Technologies Chairman commented: “The combination of Peach and Taylor Made 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 size enterprises throughout the UK. Moore Blatch’s in-depth understanding of the IT sector meant we received specialised and bespoke advice, contributing a huge amount to the success of this deal.”