NewCMI Ltd announces acquisition of Brookland Computer Services
NewCMI Ltd, an IT MSPs has continued on the acquisition trail with the recent purchase of Brookland Computer Services, a Cloud Services Provider (CSP) based in Cheam, south-west London.
The acquisition of Brookland takes CMI to a turnover in excess of £13m with a staff of 100, based in four sites across the UK – Belfast, London, Cheam and Reading. The consideration is undisclosed.
This latest acquisition provides CMI with complimentary skills to further develop its digital transformation capabilities and further cements its commitment to the IT sector and the clients it serves.
This acquisition comes straight after CMI recently launched a new range of Information Security, Compliance and Support services. The acquisition was funded by a combination of growth equity provider Panoramic Growth Equity and Boost & Co.
Brookland has operated for 25 years in the UK and offers a range of hosting services, utilising its own Data Centre capability combined with extensive use of the Microsoft Azure platform. In addition, it provides the full range of IT connectivity and support services. The company has 20 employees and a customer base of 150, including clients from financial, manufacturing, and professional services sectors amongst others.
Ken Roulston, Managing Director of CMI, spoke about the significance of the move: “The acquisition of Brookland will create an even stronger IT service provider to meet the needs of business in the post pandemic world. We take great pride in providing our clients with the best advice, so that they get the most from their IT investment.”
Eamonn Fogarty, Managing Director of Brookland said: “This is great news for our clients and staff as it will allow for an even better IT support service, with more resources and a larger professional services team, with an even wider skillset.”