Maindec Acquisition of CSA Waverley
Maindec Computer Solutions Ltd announces acquisition of The CSA Waverley Ltd
Pictured: Andrew Boyle (CSA Waverley MD) and Roger Timms (Maindec MD)
Independent IT solution companies join forces. Acquisition described as a natural fit.
Maindec announces the acquisition of CSA Waverley to create a broader range of IT services and growth opportunities for both companies. This move combines Maindec’s heritage in high-end IT maintenance and business critical services, with CSA Waverley’s proven ability to deliver complex IT infrastructure projects. The acquisition, which was completed today, has been funded from existing Maindec cash reserves and will take the combined turnover of the two businesses to well over £40m.
Maindec and CSA Waverley have each been operating for over twenty five years. Both have the enviable record of growing revenues in recent years and continue to trade profitably. The enlarged business has a strong balance sheet, with no external debt.
Both companies share a history of client project collaboration, enjoy excellent customer service reputations, and see the acquisition as an opportunity to secure the long term future of the two organisations. Going forward, the businesses will continue to operate as separate brands – with Andrew Boyle remaining as Managing Director of CSA Waverley, reporting to Roger Timms, who becomes Chairman.
“I am delighted to have reached an agreement with Roger and the Maindec board”, commented Andrew Boyle. “This is a natural fit, which gives both companies access to a broader range of services and our increased scale equips us to compete more strongly for new business going forward. It’s the right move for the company, the staff and for me personally”.
Roger Timms echoed these thoughts: “I’ve known and worked with Andrew for many years and we share a similar philosophy. Both companies put a premium on outstanding service for the customer. This acquisition is a sign of great confidence in our joint proposition and will bring exciting new opportunities for our clients, partners and the staff who work here”.
For further information contact: Peter Darraugh – Finance Director firstname.lastname@example.org
Telephone: 01628 810 977
Maindec is a leading IT support and services provider with over 30 years’ experience of delivering tailored solutions to a wide range of customers in different market sectors and locations throughout the UK. The business specialises in IT maintenance and business critical services on most major brands, and delivers service and warranty through a nationwide network of regional service centres. The regional structure fosters familiarity with customers’ systems and individual business requirements and Maindec people operate as an extension of many customers’ own IT teams. Maindec is a strategic partner of HP, EMC, Fujitsu, Microsoft, Cisco and IBM and provides hardware solutions for high-end HP storage and SAN solutions. The company also offers a range of consultative specialist IT engineering resources and professional services in Microsoft support and solutions, networking monitoring, networking support and consultancy, server and storage hardware and virtualisation.
For more information visit www.mcsa.co.uk
About CSA Waverley:
Formed in 1983, CSA Waverley delivers end-to-end IT infrastructure support, services and solutions that underpin the complex operations of NHS, local authorities, central government, manufacturing and commercial sectors. CSA Waverley’s ethos is service excellence and the company delivers everything from infrastructure refresh projects to data centre, desktop and bespoke support solutions as well as asset lifecycle management, single service and outsourced managed services. CSA Waverley is a UK company with a significant number of long-term customers. The company is a well established HP gold partner and has other key relationships with Symantec and VMware.
For more information visit www.csawaverley.com