UK-based MSP Intercity has acquired Centrality. While financial terms of the deal were not disclosed, TheBusinessDesk.com reported the combined entity will be worth £60 million (US$74.9 million).
This is technology M&A deal number 108 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
Intercity, founded in 1985, is based in Birmingham, England. The company has 297 employees listed on LinkedIn. Intercity’s areas of expertise include business mobiles, landlines and calls, enterprise mobility, mobile device management, unified communications, hosting, MPLS networks, internet connectivity, N3 data center, IT managed services, network monitoring, IT infrastructure, disaster recovery solutions, private cloud, cybersecurity, colocation, cloud migration, IT support, IT helpdesk.
Centrality, founded in 1996, is based in Bedfordshire, England. The company has 89 employees listed on LinkedIn. Centrality’s areas of expertise include core infrastructure, 24/7/365 proactive support, managed services, bespoke IT solution design, enterprise cloud, enterprise mobility, user experience management, Office 365, Windows 10, Azure, Surface-as-a-service, Surface Hub, Microsoft Teams, Microsoft Azure, modern workplace, remote working.
The acquisition will bolster Intercity’s Microsoft capabilities and managed service offerings while creating a company with a 325-person headcount. Centrality’s 100-person workforce will remain in their roles, the companies said.
Centrality’s CEO David Keeling also joins Intercity’s leadership team as a managing director, TheBusinessDesk.com reports.
Intercity Acquires Centrality: Executive Insight
Andrew Jackson, CEO and owner, Intercity, commented to TheBusinessDesk.com:
“We are thrilled to welcome Centrality to the Intercity Group. Centrality has grown significantly over the last five years and become well-known for its innovative and forward-thinking solutions by taking a Microsoft and cloud-first approach. Our commitment to be the best tech partner to work for and with will only be strengthened with this news. We look forward to welcoming all Centrality colleagues and their complementary expertise as they join the Intercity Group.
“At its core this deal is about people. Both Intercity and Centrality are not built on any specific IT product but on the huge expertise and relationships within our teams. That’s why I’m so glad Centrality CEO David Keeling is joining us.”
