openPR Logo
Press release

Acora and Plan-Net join forces

08-05-2019 02:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Acora

Acora Ltd, the innovative owner-managed UK-based IT Services company, has completed the acquisition of Plan-Net Ltd, another owner-managed IT support and services company, based in London.

The merged Group has revenues approaching £30m, more than 70% of which comes from long-term recurring contracts. The Group will deliver services from four UK service operation centres, providing full 24/7 coverage to more than 250 high value clients.

Both businesses have focused on delivering outstanding customer experience underpinned by strong technical innovation, through a total of 300 talented employees. The Group brings excellence across the full IT Support spectrum, from End User Services to Full Managed Service provision, adding even more quality and value to the mid-market.

David Rabson, Chief Executive at Acora, said: “Plan-Net has impressed us enormously in terms of its business model, the service levels it achieves with its loyal customer base and the way it aligns with our core offerings. The quality of the team was also key in our decision to bring the two companies together - Great Customers and Great People, a winning formula. We see this as a merger with equal value for all stakeholders. It is transformational for the combined teams and the customers of Plan-Net and Acora alike”.

Adrian Polley will join the Acora Board as MD of the Plan-Net business, following 25 years building Plan-Net with Jerry Cave, who will also remain as an Advisor to the Board. Commenting on the future together, Adrian Polley said, “Having worked alongside Acora previously, it was clear that the benefit for our customers and staff in bringing our offerings together provided an exciting opportunity for everyone. The combined proposition is incredibly strong, and we can see the merged Group being dominant in the mid-market as we scale further and benefit from the growth opportunities.”

Acora were supported in the transaction by RSM and Stevens & Bolton, with BDO advising on deal structure, which was part funded by Barclays.

Acora House
Albert Drive
Burgess Hill
RH15 9TN

David Hemmings - Chief Acquisition Officer
dhemmings@acora.com

About Acora

Acora is a UK based, award winning IT services and technology company, with more than 25 years’ experience. It provides a range of IT support and Microsoft-centric, business software and cloud solutions to drive mid-market organisations to modernise their IT so they can compete and win in the digital economy. More than 200 clients trust Acora with the responsibility for part or all of their IT, from solutions design to support. www.acora.com

About Plan-Net

Plan-Net has been transforming IT for legal, financial and publishing organisations since 1990. The company has been at the forefront of IT services and continues to keep its partners up to date with the evolving technology that drives their businesses forward. Plan-Net’s ability to embrace new best-in-class tools and processes keeps it, and its clients growing together. www.plan-net.co.uk

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acora and Plan-Net join forces here

News-ID: 1817424 • Views: 329

More Releases from Acora

Acora wins new business software project with OATS Ltd
OATS Ltd, part of the Haynes Publishing Group, are the leading providers of information and productivity solutions for the lubricants sector of the oil industry globally. Deciding that Microsoft Dynamics 365 Business Central was the preferred solution, Acora was chosen after a competitive tender process. The Acora team were selected because of its open and consultative approach, technical credibility, unique implementation methodology and long-standing Microsoft Gold partnership. “Acora’s in-depth knowledge
Paul Renucci to further strengthen the Acora board
Acora, an innovative UK-based IT Services company, is pleased to announce the appointment of Paul Renucci as Chief Sales Officer (CSO). David Rabson, CEO at Acora says, “I am delighted to announce the appointment of Paul Renucci who joined Acora on February 1st. As a board member he will also broaden and complement the existing team as we look to further scale the business in the coming months.” Paul brings
Acora and Silxo announce strategic partnership
Acora, an innovative UK-based IT Services company, is pleased to announce a strategic partnership with Silxo, leaders in technology turnaround and transformation. The strategic partnership is a natural one, given the related services the two companies take to market. David Rabson, CEO at Acora, comments: “This isn’t about us selling their services or vice-versa. It’s about building a partnership that allows whoever is leading a customer conversation to have a stronger
Acora adds more great people to its team
17th December 2018 - Acora, an innovative UK-based IT Services company, is pleased to announce it has added two new team members in the past month to meet increasing demand from its growing client base. Acora’s approach is to advise, transform and manage clients to modernise their IT platforms. To do this, Acora retains experienced architects with the knowledge, insight and innovation to understand how a client’s technology is currently working

All 5 Releases


More Releases for Group

Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of
Crowson Law Group
It is commonly said that there is no such thing as minor surgery. Whether it’s getting an appendix removed or having a hip replacement, all surgical procedures are serious; more so if an error occurs during such a surgery. However, is any surgical error considered to be medical malpractice? This article will determine when a surgical error can be said to have reached the level of medical malpractice. It must
Skye Dental Group
The Skye Dental Group has some of Glasgow’s most established, hygienic and professional practices under its umbrella. This includes The Glasgow Dentist, based in the Rutherglen area of Glasgow. The practice offers a range of private dental treatments such as teeth straightening systems, Damon Braces, Invisalign and Six Month Smiles, as well as dental implants for missing teeth and general dentistry and hygienist services. Damon Braces Damon Braces are a fixed brace teeth
Sharp World Group
Pour développer la fabrication il faut perfectionner son fonctionnement et intégrer de nouvelles méthodes modernes. A mesure que de nouvelles technologies apparaissent les entreprises сherchent à modifier l’équipement pour améliorer la qualité du produit. De tels changements influencent la fidélisation des clients ce qui assure les bénéfices et le profit de l’entreprise. Sharp World Group est une des sociétés leaders de production des systèmes de refroidissement et de congélation. Avec son
Dr. Batra's Group Profile
Dr. Batra's – the name that represents excellence and commitment to the health services sector – the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr. Batra’s is to innovate, to excel at whatever is created and to build a brand that constantly strives for something still better! Transparency in business and abiding by their fundamental principles
DeltaQuest Group Launches MySecondPassport.com
My Second Passport.com predominantly aims to assist and support individuals and their families with attaining citizenship abroad and obtaining work visas where required. The site extends to provide individuals with country specific citizenship laws and immigration options including economic citizenship programs. The main services offered by DeltaQuest Group via http://www.mysecondpassport.com website portal include; country specific citizenship laws, permanent and temporary residency and work visas, information on required documentation