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SysGroup acquires Orchard

Liverpool-headquartered SysGroup has acquired Independent Network Solutions Limited – which trades as Orchard Computers (Orchard).

Based in Bristol, Orchard is a managed IT service provider. It has been in operation for over 30 years and has built a loyal customer base totalling over 120 active clients in 2021, covering the south west of England. The business, which generated revenues of £2.1m in 2021, represents customers across a range of sectors, covering both the public and private sectors.

Its managed IT services offering mirrors that of SysGroup, providing high quality consulting services and building tailor-made, vendoragnostic solutions designed specifically to meet individual customer needs, followed by ongoing technical support.

The acquisition was funded from the group’s existing cash resources and will further strengthen its presence in the south west of England, while complementing the operations in South Wales, with the addition of more than 20 people joining the team.

The vendors of Orchard, Ian Terry and Chris Patten, will remain with SysGroup to assist with the handover of customer relationships and integration into the group.

Orchard is the group’s second acquisition in a month, following the integration of Edinburgh based Truststream Security Solutions in a deal worth up to £8m.

CEO Adam Binks said: “I am thrilled to be announcing our second acquisition of the financial year. Orchard is a well-established, well-respected business with a loyal customer base in the south west of England and I am delighted that we have been able to bring this business into the group.”