Bristol-based computer services firm ITEC is to merge with Dorset company Copyrite to create a business with 3,500 existing customers, 300 staff and annual sales of £45m.
The new combined company, which includes Copyrite’s wholly owned IT services subsidiary Criterion, will be known y as ITEC from June 25.
Copyrite’s existing Wimborne office will remain in place as the expanded hub for the South, bringing together engineering and account management resources from the two companies into one location. Copyrite’s directors Ian Stewart and Phil Ford will together head the ITEC business in Dorset and Hampshire.
The merger brings together two existing operations that are already strong. ITEC provides agile managed print, IT, VoIP and document capture technology while Copyrite is a total document solutions provider, offering managed print services, business software, IT managed services and web solutions.
In a joint statement, ITEC CEO Nick Orme and Copyrite director Ian Stewart said: “Our vision is to build a technology powerhouse to serve customers across the South Coast, the South West and beyond. The goal is to help organisations become more agile and deploy technology in ways that maximise efficiency and enable smarter working.”
Nick Orme and Ian Stewart said there were three main factors underpinning the merger
With an improved buying power of the new combined company, ITEC will be able to deliver even better value to its customers. The new company will also benefit from complementary skill-sets. For example, existing Copyrite customers will now have access to data centre, unified communications and hybrid mail solutions from ITEC, while ITEC customers will be able to tap into the software development expertise of Copyrite’s subsidiary Criterion.
The merger brings new scale to operations while ensuring the ‘local touch’ commitment remains at the very core.
Ian Stewart added: “From a local perspective this merger creates a very strong IT company in Dorset and Hampshire with the capacity to support the needs of even the largest and most complex customers in this region. We believe this is good news for businesses on the South Coast.”
Regional accountancy group Bishop Fleming, which has its largest office in Bristol, advised on the merger.
Pictured: The ITEC team
