inTec Business Solutions has successfully secured £4m in growth capital from BOOST&Co to fund its ongoing development of technology solutions partnerships.
Following a close period of collaboration, Cheshire-based business and technology experts inTec Business Solutions have secured a further partnership with business telecommunication suppliers Vision Corporate Services in Stourbridge. Founded in 2016, inTec are a highly experienced and entrepreneurial team building a network of telecoms partners allowing them to expand their product and service portfolios, instantly transforming them from communications companies to fullservice technology solutions providers.
In 2018, inTec secured their first 'owned' partner, Hale Communications based in Altrincham, Cheshire and since then both companies have been going from strength to strength. Specialising in the design, implementation and support of a range of Cloud services and business applications including IT managed services, IT infrastructure support, hosted collaboration and communication solutions, inTec is an end-to-end independent technology consultancy helping businesses understand and see real value from their technology systems and investments.
inTec’s acquisition model stands out in the market. In all cases, inTec acquires a controlling interest but the partners identity and its management remain the same. inTec see this as a very important element in ensuring that customers immediately have trust and confidence in exploring technology solutions.
The group’s route to market differentiates it from other consultancies in the technology sector and makes it a compelling proposition for investors. They work with SMEs offering fully scalable digital technology solutions that can grow with their businesses.
In 2018, inTec received investment from Maven Equity Finance/The Northern Powerhouse Investment Fund allowing them to scale their network and fuel a recruitment drive to further strengthen their team. 2019 has brought acquisition funding from growth capitalists, BOOST&Co. allowing the acquisition of Vision Corporate Services to proceed.
Chairman of inTec, Simon Howitt, explained inTec's objective is to bring together a network of telecoms providers who recognise the need to broaden their portfolios but do not have the resources to achieve their ambitions to become one-stop-shop communication and technology providers, and thereby add value to their businesses. He said: “Partners we have engaged with, can see the sense of being able to leverage inTec’s technical capabilities and work with their customers across a broader spectrum than just telecoms: they like that they are joining a group where they keep their identities and have a clear plan to drive growth in their business.”
Established in 2007, Vision Corporate Services has quickly grown to become one of the UK’s leading business telecommunications suppliers. From their head office located in Stourbridge, West Midlands, they support a loyal, ever-expanding customer base of SMEs and corporate companies across the UK. Becoming a partner of inTec will further strengthen their offering, allowing them to expand their portfolio to include larger scale business optimisation solutions. Giulio Laise, Founder and Managing Director of Vision, is delighted with the recent partnership saying: “This is a great opportunity for Vision Corporate Services. The added technical expertise inTec will bring will strengthen our position in the marketplace and differentiate us from our competitors adding real value to our product portfolio.”
The ICT world has undergone significant change over the past five years due to the increasing convergence of mobile, telco and IT technologies. inTec can deliver technology that keeps up with the evolving digital landscape and help companies deploy solutions to compete more effectively. The future looks bright for the inTec network who continue to revolutionise specialist support services for SMEs.
Simon Howitt added: “The funding we have puts us in a great position to further grow our network of telecom resellers and IT providers through our ambitious acquisition strategy. We have two new partnership deals due to complete this Summer; it’s an incredibly interesting and exciting time for inTec and our partners.”
See here for further information about the inTec Partnership Programme. For media enquiries, please email Andrew Jackson, Marketing Manager at inTec Business Solutions.