ANS Announce the Acquisition of Eison
Award winning Hybrid Cloud and Managed Service Provider ANS today announced that it has acquired Eison, a specialist IT Service Provider focused on mission critical managed data network solutions to both private and public sector organisations.
Eison, based in Manchester, was formed in 2006 and had a turnover of £7.5m to the year ended 31st October 2015, with a recurring revenue base of c.£5.3m. The organisation designs, implements and supports complex network, datacentre and mobility solutions for organisations with locations in the UK and around the globe. Eison ranked 75th in The Sunday Times Tech Track 100 in 2014 and has built a reputation for service excellence whilst achieving consistent growth. Delivering and supporting customer networks that are fit for purpose and perfectly matched to customers’ technical and organisational needs is at the heart of this organisation.
Scott Fletcher MBE, Chairman and Founder of ANS commented on the acquisition:
“This acquisition will further underpin our Hybrid Cloud and datacentre strategy allowing us to embrace the opportunities for intelligent WAN’s and Software Defined Networking.
“As user mobility and adoption of both public and private cloud platforms increases it’s ever more important to understand the journey that data takes from the cloud all the way to the end user device.
This acquisition gives us the additional expertise to ensure that our networking solutions are as innovative and robust as our datacentre solutions giving our joint customers the ideal partnership for their ongoing needs.
“Eison, like ANS, has been built on technical excellence and outstanding customer service and we are thrilled to welcome them to the team at ANS.”
The combined businesses will see turnover reach c£60m with over 250 employees and will allow ANS to further execute on its RAPID Converged Infrastructure and Private Cloud offerings. ANS’ pioneering product RAPID was launched in July 2015. Since its launch, ANS has already welcomed its first RAPID customers on board and are continuing to see market demand for the unique, pre-integrated workload ready infrastructure and automated private cloud solutions, both of which promise to allow customers to innovate and operate better and faster within 28 days from point of order.
Founders and Directors at Eison, Jamie Coan and Richard Peck, will remain with the organisation and believe that ANS is the perfect platform for growth and opportunity for the entire Eison team.
Richard Peck commented on behalf of the Eison Board:
“We are delighted to have found such a safe pair of hands for the business that we have built over the last 9 years. ANS’s customer service focus and technical expertise means that our customers and staff can be safe in the knowledge that they will continue to be looked after. We look forward to working with the ANS team to ensure a successful integration of the businesses.”
Paul Shannon Chief Operating Officer at ANS said:
“The operational synergies and opportunity for cross selling into both customer bases are incredibly exciting. At ANS we have always strived to bring innovation to our customers and this is something that Eison has also succeeded at, time and time again. This partnership will allow us to continue to reinvent ourselves in order to bring business value IT to our customers.”
The lawyers acting on the transaction were a team from Weightmans LLP led by Sarah Walton and a team from Napthens LLP led by Richard Robinson.