plan.com has acquired Telserve Group for an undisclosed sum as part of an ambitious strategy that will see it expand significantly over the next five years. The enlarged business has also unveiled plans for Telserve to expand to a second office in Birmingham, giving the group a presence in four locations and a combined team of over 170 personnel.
The deal will see Telserve Group become a plan.com company, with its senior leadership team, including Managing Director Stuart Box remaining with the business to support the group’s UK expansion. The newly expanded business will continue to be headquartered in Douglas on the Isle of Man, where it plans to unveil its recently constructed, state-of-the-art HQ in early 2023.
CEO and co-founder Dan Craddock said: “I’m delighted to welcome the team at Telserve into the plan.com group. They have an established and successful business model that complements our partner-led route to market perfectly. Our combined expertise will provide a strong foundation for continued expansion in the UK and presents exciting opportunities to build on our market-leading reputation.”