One of Wales' leading telecommunications companies has been acquired by growing Cardiff IT and communications service firm, Flotek Group. Swansea-based Saecom was bought by the MSP for an undisclosed sum.
The deal marks the fourth acquisition made by the ambitious firm since it launched less than a year ago in April 2022 as it continues its acquisition-fuelled growth. The deal was advised on by GS Verde.
The start-up has previously acquired Gower Business Systems, Plymouth IT firm MazingTree and Swansea's Cloud9ine Communications.
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Founded in 2014, family-owned Saecom provides guest WiFi, mobile, Internet of Things and specialises in voice over Internet Protocol. The buyout will enhance Flotek's service as well as allow Saecom's large client base access to the firm's technologies.
Saecom owners and father-and-daughter team, Stephen Evans and Amy Evans, join Flotek along with the whole Saecom team. Ms Evans will take on the role of group billing manager while Mr Evans will utilise his 35 years’ experience to help grow the telecom arm of Flotek.
Jay Ball, Flotek Group CEO, said: “With an incredible reputation, a prime Swansea business location and decades of experience, we are delighted that Saecom is joining Flotek. The business’ telecom-focused service offering is a natural fit with Flotek’s, augmenting the smart, integrated IT & Comms solutions we provide to customers.
“Our success so far reflects our commitment to maintaining the dedicated customer support valued by SMEs, while helping them unlock new potential through next generation, scalable technologies. Saecom’s specialist telecom services enhance the full turnkey service offering that sets Flotek apart as an integrated MSP.”
Stephen Evans, founder of Saecom, said: “We at Saecom are excited to join the Flotek team, which has established itself as an innovative and exciting figure within the industry. The consolidation of our telecom and Flotek’s IT MSP solutions creates enormous potential for clients, developing the opportunity for growth and progression through modern, cloud transformative technologies.”
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