Pure Data Solutions bags Servatech

Pure Data Solutions has snapped up Wakefield-based Servatech for an undisclosed sum, a move that marks its entry into the IT services market.

The acquired company specialises in managed services, client hosting, remedial maintenance, disaster recovery and cloud service provision. Its 40 technically and services-based personnel, all of whom retain their roles following the sale.

Yorkshire-based Pure Data Solutions employs over 50 sales, administration, management and other personnel, and the combined organisation is expected to record a turnover of about £17.7m and a pre-tax profit of around £1m in its first year.

Pure Data Solutions announced a turnover of £14.2 m and gross profit of £500,000 in the 12 months to May 31st this year.

Servatech was sold by Pino Pastore and Steve Spence who founded the business 15 years ago.

Pastore has taken early retirement while Spence assumes responsibility for services sales in the enlarged business.
Pure Data Solutions CEO Stephen O'Brien said: "I'm excited by this important milestone in the growth of Pure Data Solutions, not to mention the significant increase in deliverable capabilities the acquisition brings to our enlarged client base.

"This takes us from being a successful local product reseller to a nationwide IT solution and services integrator.
"We intend to push further south and make additional synergistic acquisitions, increasing our geographic coverage and capability."

To coincide with the acquisition, Colin Meakin of Huddersfield-based Excel Business Management Consulting, which advised Pure Data Solutions on the transaction, has been appointed the enlarged company's COO.

He was formerly group sales director of ICM Computer Group (now Phoenix IT Group) and CEO of Concorde IT Group.

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