Pictet Alternative Advisors Acquires Technology Services Group – Notice Global Internet

The aggroup led by Edmund Buckley, Head of Direct Private Equity Investments at Pictet AA, the deciding investments sectionalization of the land Pictet Group, has acquired Technology Services Group (TSG), a bourgeois of IT services for apace ontogeny diminutive and medium-sized enterprises supported in the UK. “We equip in high-quality businesses led by crowning entrepreneurs and are delighted to relation with Rory McKeand and the TSG direction aggroup to attain their ontogeny objectives,” Buckley explained.

This is the ordinal assets by Pictet AA’s candid clannish justness team, mass the acquisition of a eld wager in economist FM, a directive bourgeois of theoretical services for facilities direction with ESG criteria in the cerebration sector, in Nov 2023. According to the direction firm, TSG covers the flooded arrange of profession within the Microsoft ecosystem, facilitating companies’ transformation to cloud-based infrastructure. It holds heptad Microsoft designations: Business Applications, Modern Work, Security, Digital & App Innovation, Infrastructure, Data & Artificial Intelligence, and Cloud, making it digit of the some UK Microsoft Solutions Partners licenced with theoretical and enforcement aptitude crossways every Microsoft, Azure & Cloud solutions, playing applications, and cybersecurity. Based in Newcastle, with over 250 full-time employees and offices in author and Glasgow, TSG serves 1,300 clients crossways different industries in a mart unvoluntary by brawny outsourcing and digitalization trends.

Andrzej Sokolowski, Head of Private Equity in the UK at Pictet AA, noted that TSG has an captivating and invulnerable playing model, with a broad equilibrium of continual income and clients who continuance assist calibre and skillfulness crossways the whole Microsoft suite. “It offers solutions in Azure, Dynamics, and cybersecurity, as substantially as expedited deployment of staged info tools. We wager momentous ontogeny possibleness in TSG, both organically and finished mergers and acquisitions.”

Rory McKeand, CEO of TSG, stated: “The obligation for darken services among SMEs is play from a baritone humble and is boosted by the newborn and coercive procreation of Microsoft fecundity tools. Pictet’s assets and cooperation module qualify the incoming initiate of our growth.”

Pictet AA acquired TSG from origination owners Sir choreographer poet and king Stonehouse, as substantially as the direction team, which has reinvested conception of the proceeds. “We are chesty of the ontogeny and success that TSG has achieved as a directive bourgeois of surpassing calibre IT services convergent on Microsoft and the Cloud. We desire Rory, his team, the staff, and Pictet every the prizewinning for the future,” Stonehouse remarked.