Borders-based IT and telecoms firm, SoConnect, has secured a deal with one of Edinburgh’s leading IT managed service providers, Netopa.
The deal will see the pair combine to form a single group, providing SoConnect with a base in Edinburgh’s city centre and adding an established IT managed service offering to company’s existing operations.
Founded by CEO Campbell Fraser in 2011, SoConnect supports the SME market in Scotland and across the UK through a nationwide network of over 200 engineers. It is expected that the newly formed group will earn revenues in the region of £4 million during its first year of trading.
Ted Baker, Association of Project Managers, Stobo Castle Health Spa and Victim Support Scotland are among SoConnect’s customer base.
In the combined group, which will retain the SoConnect name, Campbell Fraser remains as CEO and Bob Bazley, founder of Netopa, will join the board of SoConnect and takes up the role of Chief Operating Officer (COO).
Fraser said: “From day one, our vision has been around providing great value market-leading Internet and communication services with first-class customer support. Netopa has built a fantastic reputation among its customer base and the deal is a great strategic fit for SoConnect.
“Bringing Bob and the Netopa team on board strengthens our offering and gives us a footprint in Edinburgh which will be important as we look to grow the team.”
- Google Street View Hits Major 10 Million Milestone
- Facebook Loses the Personal Data of 29,000 Employees
- Lawyers Call for Exhumation of Bankrupt Crypto Founder
Bazley said: “The merger with SoConnect is really positive news for both our team and our clients and we wouldn’t have done the deal otherwise.
“We’re excited about the growth prospects for the business, while continuing to develop the quality and delivery of services that we know matters most to the businesses we deal with.”
Fraser added: “For the SMEs we work alongside, simplifying and improving the efficiency of IT and Comms infrastructure through the use of Cloud technology is at the core of everything we do.
“Increasingly, we are also becoming a strategic, virtual CTO for many SME’s who don’t have the resources to have a dedicated CTO in place.”
Bazley added: “Incorporating best-of-class cloud technology and cybersecurity are integral to business success and competitiveness and we see this trend continuing to grow in the years ahead.”