Tees Business Tees Business issue 17 | Page 61

Serving the Teesside Business Community | 61 Leadership – the razorblue directors (left to right) David Raper, Mark Wilkinson, Rachel Atkinson, Jonathan Anderson and Dan Kitchen. IT firm expands O ne of the region’s leading IT firms has announced a major expansion with the acquisition of another company. razorblue, which has already expanded its Tees offices at Wynyard Park, has revealed its move to the North-West region following the acquisition of the J-Media IT Managed Services business from Manchester-based CMAP Group for an undisclosed sum. Founded in 2006 by CEO Dan Kitchen, razorblue has grown from just two employees to over 80. The expansion into the North-West of England comes as part of razorblue’s vision to be the most trusted managed service provider in the SME marketplace. Kitchen said: “We’re excited to have expanded our business into Manchester. Our roots are in the North of England, and with our client base located throughout the UK, it makes sense to acquire a business that is already doing what we do, but in a different geographic location. “We’ve grown our team of trusted experts through this acquisition and we’re confident that this addition to the group will enable us to not only continue to serve the existing clients of both razorblue and J-Media IT Managed Services, but also new businesses across the country.” with North-West acquisition The acquisition comes at an exciting time, following a 38% increase in turnover in 2018. With offices in Catterick, Wynyard, Leeds, London and now Manchester, razorblue provide managed IT services, cloud, connectivity and business software for a wide range of SMEs, business parks and public sector organisations throughout the UK. With offices in Catterick, Wynyard, Leeds, London and now Manchester, razorblue provide managed IT services, cloud, connectivity and business software for a wide range of SMEs, business parks and public sector organisations throughout the UK. J-Media IT Managed Services clients will also be able to benefit from other products and services in razorblue’s portfolio including connectivity, cloud and telecoms solutions. Previously owned by CMAP Group, the acquisition of J-Media IT Managed Services comes following the search for a company which aligns with the same ethos in terms of culture, attitude and providing a great service to clients. CMAP group CEO Dave Graham said: “I’m really pleased that the acquisition by razorblue fits with our aspirations for the future of J-Media IT Managed Services. “Not only will there now be a more extensive range of opportunities in terms of career progression for the technical team, razorblue also align with our view on how clients should be served. “With razorblue’s new team in the North- West, I am confident that the acquisition will be a perfect blend of technical synergies.” The acquisition has resulted in no change to razorblue’s board, with all five directors welcoming the existing J-Media IT Managed Services team into razorblue’s and ensuring existing clients’ contracts are fulfilled. Newcastle-based Mincoffs Solicitors advised razorblue on the acquisition. Chris Hughes, associate solicitor in the corporate team that led the transaction, said: “We were delighted to advise on the acquisition of J-Media IT Managed Services and wish Dan and the team the best of luck with their future growth strategy.” razorblue intends to relocate to larger Manchester offices in the near future to accommodate future growth.