Turnover and profit improvement for Gateshead IT firm

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A Gateshead-based IT consultancy is looking ahead to a “bright future” after edging turnover towards the £20m mark in another profitable year. ITPS provides IT support, data centre and telecoms services for a range of clients, employing more than 120 employees and operating an additional office in London. Turnover for the year ending 31 May […]

AccessPay raises £9m funding to develop software platform

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AccessPay, a Manchester, UK-based fintech firm, raised £9m in funding, in a round led by Beringea, with participation from True Ventures and Route 66. The company intends to use the funds to expand its sales, marketing, and engineering teams and further develop its software platform. Founded in Manchester in 2012 and led by Anish Kapoor, AccessPay […]

Tech company APD Comms becomes part of global IT giant

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A supplier of software to the emergency services, public safety, and control room markets has been acquired by a subsidiary of IT giant NEC Corporation. Hull-based APD Communications has been bought by Hemel Hempstead-based Northgate Public Services (NPS), which was itself acquired by NEC in January 2018. APD provides mission-critical communications and control systems to more […]

Sheffield tech company acquired in PE-backed MBO

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A division of a technology and software business which was taken private last year has been acquired in a private equity-backed management buyout (MBO). Sheffield-headquartered Servelec has sold its systems integration business, Servelec Controls, to managing director Andrew Mills, who led the buyout with backing from Alcuin Capital Partners. The deal means Servelec Controls will no […]

Activ Technology set for further growth following Scottish expansion

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Newcastle’s Activ Technology has ended 2018 with great confidence for the new year, having opened its first office outside of the North East and achieving strong revenue growth across its divisions. Formed in 2010, the company has 28 staff and is a managed service provider for IT and telecommunications across the North of England and […]

Manchester software firm makes Deloitte Fast 50 list

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In Touch Networks has been named the North West’s fastest-growing tech company as part of Deloitte’s Fast 50. The awards, now in their 21st year, rank the 50 fastest-growing technology businesses in the UK based on their last four years of revenue growth. Manchester-headquartered In Touch Networks, which uses technology to boost the recruitment process for the […]

Pennine establishes partnership with European AI developer Xdroid

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Bury-based technology firm Pennine, has secured a partnership with a leading European artificial intelligence developer. Pennine, a communications, data and networking specialist has signed the agreement with Hungarian voice analytic software company Xdroid. The deal will give Pennine’s UK contact centre clients access to automated speech technology which can detect emotions such as displeasure, happiness […]

IT firm Tranquil PC snapped up by US/French company 2CRSI

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IT firm Tranquil PC has been snapped up by US/French company 2CRSI. Tranquil is a family owned company based in Trafford Park and manufactures low energy IT systems. Founded in 2005 and with headquarters in San Jose, California and Strasbourg, France, 2CRSI Corporation designs and manufactures storage systems, high-performance computing (HPC) and customised IT appliances. […]

IT support and cyber security specialist recruits following relocation

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IT support and cyber security specialist Jupiter IT has taken on new staff following its relocation to new premises in Hessle. The company has already welcomed a new senior IT engineer after relocating to an office overlooking the A63 at Redcliffe Road and further recruitment is planned. Jupiter was launched in 2007 by Dan Gladstone […]

£8 million-turnover IT reseller appoints administrators

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Restructuring experts at Yorkshire-based Walsh Taylor have been appointed to handle the administration of Leed’s LDD Group Ltd. LDD Group supplies hardware, as well as providing IT support remotely and onsite to businesses, schools and public sector organisations, including the NHS. Its services include IT help desks, IT consultancy, network design telecoms, wi-fi and internet […]

NETPark opens £7.4m Explorer facility to attract tech firms to region

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A new £7.4m development designed to be a home for high tech businesses has opened in County Durham. The new Explorer facilities were officially opened by Stuart Martin, chief executive of the Satellite Applications Catapult, who visit the centre at its base at the North East Technology Park (NETPark). The Explorer building has already proven to […]

New chief executive appointed at IT Services firm SysGroup

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Liverpool-based IT services provider SysGroup has appointed a new chief executive, Adam Binks. He joined the company in 2014 and was appointed to the board in 2017, and has now been promoted from his role as chief operating officer. Binks has been tasked with leading SysGroup through its next stage of growth, which will incorporate acquisitions […]

New IT jobs to be created as Waterstons moves to Aykley Heads

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Business and IT consultancy Waterstons is moving to Northumbria House at Aykley Heads in Durham. Waterstons’ switch from its current base at Belmont Business Park has been sparked by growth of nearly 30% last year to turnover of £9.4m, and this year the group expects to see growth of around 20%. The company, which also has […]

NEC acquires Northgate Public Services for £475 million

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NEC Corporation has announced the acquisition of UK-based IT services company Northgate Public Services Limited (NPS), accelerating the expansion of its international safety business. NEC is buying NPS for GBP 475 million from leading international private equity firm Cinven. This acquisition is expected to be completed by the end of January 2018. Established in 1969, Northgate […]

US data analytics provider Verisk acquires Sheffield’s Rebmark

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International data analytics provider Verisk has acquired Rebmark, a Sheffield-headquartered software company that works with the injury claims sector. With the acquisition of Rebmark, Verisk’s clients in the UK can take advantage of software and systems that save time, capture data, improve accuracy, and eliminate inefficiencies for those working in the injury claims sector. Together, […]