Business ISP Connectus and IT Solutions Firm KTSL to Merge
Business focused UK ISP and Managed Service Provider (MSP) Connectus has announced that they’re merging with IT solutions firm KTSL to create the Connectus Group. The existing CEO of Connectus, Roy Shelton, will also become the CEO of the Connectus Group.
The businesses and their 60 employees will continue to operate from six sites across the UK and Ireland, with plans already in place to create further job opportunities across their commercial, delivery and support functions. The group’s HQ will also remain in Doncaster and the existing CEO of KTSL, Rob Marks, will become the non-executive Chair of Connectus Group.
The merger follows a due diligence and legal process, which started last November. As a result of the deal, the Connectus Group expects to deliver revenues of more than £10m in the current financial year ending March 2023, including “significant and sustainable profits“, which will help to accelerate their future growth.
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Some of their current clients include AIB, UCB, Unilever, the Peel Group, Sale Sharks and the National Police Air Service. Connectus has also deployed a gigabit-capable “full fibre” broadband and Ethernet network to serve a number of business parks in the North of England.
Roy Shelton, CEO of Connectus Group, said:
“Today is the start of an exciting new chapter for Connectus Business Solutions and KTSL and will present an opportunity for further growth and job creation.
By bringing these two great organisations together and creating Connectus Group, we have significantly increased our technical capability, boosted our delivery resources and further deepened our pool of commercial experience. This is the third transaction in as many years for Connectus, having been forced to pause our ambitious merger and acquisition strategy due to the global pandemic.
Although that period presented challenges, it has also thrown up exciting opportunities for forward-thinking businesses like ours that can adapt quickly to the changing needs of our clients.
This merger allows both businesses to work together on a shared vision, which is to deliver efficient, collaborative and sustainable services for our customers and staff and to execute revenue growth via a planned and controlled expansion programme.
It also brings a greater scale, allowing us to bid for larger opportunities, increase our recurring managed services revenue and will allow us to leverage our sixty-plus members of staff in a more collaborative manner.”
End.
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and Linkedin.
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truly awful company, having to rely on their monopoly position at DSA mean we have to use them.
Great company to work with always there to provide a solution suitable for our business to work more effectively and efficiently.
Have nothing but praise for Connectus, their customer services, speed of response and cybersecurity provisions.
I have dealt with Connectus for 3 years and can highly recommend them. Congratulations on you partnership with KTSL.
Looks like a good move and congratulations to Connectus and KTSL. Connectus have supported us for the past three years. Unlike many tech firms we have dealt with in the past, they speak plain English not techno babble and get to know the business. This has resulted in strategic planning for IT comms and infrastructure that has helped the business grow. One of the main differences we have found is everybody we deal with are very personable and easy to deal with. Personally i think they are great company.
We’ve worked with Connectus over the past year and no matter what challenge we throw at them, they always come back with a robust solution. The merger can only strengthen such a good service.
Wow Connectus must have pointed their customers at this portal. Normally all these posts are from connectivity geeks. But not this one, reads more like trust pilot review site, lol.