chester

Chester 01244 405 555

Grosvenor Court
Foregate Street Chester
Cheshire CH1 1HG
DX: 19990 Chester

shrewsbury

Shrewsbury 01743 443043

Lakeside House
Oxon Business Park
Shrewsbury SY3 5HJ
DX: 148563 Shrewsbury 14

Slide e

Airport City, Manchester 0161 537 3324

Offices 204 and 205
Manchester Business Park
3000 Aviator Way
Manchester M22 5TG

Aaron & Partners LLP supports sale of Telford IT firm to leading cloud hosting provider

Rockford PR Image v e

13th November, 2017


A team from the Aaron & Partners Shrewsbury office has played a key role in a deal which has seen a Telford IT and security firm bought by one of the UK’s fastest growing managed IT services and cloud hosting providers.

Working on behalf of Rockford IT along with Mark Bramall from Dyke Yaxley accountants, lawyers from Aaron & Partners’ Corporate Finance team worked to secure the sale of 100 per cent of the business’s share capital to SysGroup.

The £3.9m deal marks SysGroup’s sixth company acquisition in the last three years and will give Rockford IT the capability to operate on a world stage.

Tom Sykes, Chief Executive of Rockford IT, said: “This is an exciting opportunity for Rockford to become part of a team that is providing first class IT managed services, particularly in cloud hosting and the security sector.

“With a shared vision and support from SysGroup, the Rockford team will be committed to growing with the company and working with some of the world’s biggest organisations.”

Hugh Strickland, a Partner in Aaron & Partners’ Corporate Finance team, together with Zoe Lloyd acted for the sellers. Hugh said: “This is a really exciting deal that gives a fantastic Telford business the opportunity to expand its already impressive client base and continue to grow.

“We’re delighted to have been able to play a role in such an important deal both for Tom and the Rockford IT team and the business community in Telford.”

Chris Evans, chief executive of SysGroup, said: “Rockford further solidifies our presence in existing markets and also expands the group into new verticals such as hotels and leisure.

“We believe that this acquisition enhances our position to capitalise on the substantive market opportunity available.

“We would like to welcome the Rockford team into our group and we look forward to leveraging our newly combined and deeper skills to further our organic growth.”

Established in 2001, Rockford provides managed hosting services, a 24/7 IT service desk, IT security, connectivity services and disaster recovery solutions to around 200 UK customers including SMEs, councils, education organisations, professional services and blue chip customers.

You might also be interested in...

Chester chosen to host prestigious international conference

9th May, 2022

Chester-based law firm Aaron & Partners will host delegates from all over the world in its home city... Read More »

Handholdingkeystohouse CovidandRentArrears–WhatdoesitmeanforCommercialLandlordsandTenants

Commercial Landlords v Commercial Tenants

4th May, 2022

In light of the ongoing challenges for commercial landlords where their tenants are failing to pay, this article... Read More »

two people removing wedding rings

End of the ‘blame game’ in sight

8th April, 2022

There are significant changes that have been made to divorce law and procedure in England and Wales with... Read More »

Contact Us