IT managed services provider Workflo Solutions has announced an agreement to acquire West Lothian IT support business Pyramid IT for an undisclosed sum.
Pyramid IT offers computer, server and tech support to business across the Lothians. The deal will allow Workflo to to extend its range of managed services for clients across the UK.
Its core services include digital workflow, electronic document management and managed printer services.
Workflo managing director Michael Field said Pyramid IT would be absorbed within the current Workflo structure, with an eye on further acquisitions in future.
He said: “This acquisition will enable us to broaden our reach and suite of capabilities as a leading outsourced managed service provider.Whilst we remain focused on meeting the needs of our customers, our strategy is to continue to seek other attractive acquisition opportunities as demand to extend our services increases.”
Pyramid IT founder Steven Burrows said: “This is an exciting time for Pyramid IT clients. The acquisition by Workflo Solutions offers our clients access to a broader portfolio of products and services which will help improve efficiencies and drive savings.
“The ‘fit’ between the two companies is strong and is enhanced further by Michael’s determination to make Workflo one of the most progressive IT companies in Scotland.”
Pyramid IT plans to continue working from its Livingston base and, following a transitional period, Burrows will move into penetration testing services to protect SME businesses from cyber attacks.
Workflo Solutions currently employs 20 staff at its Livingston HQ and is on target to reach £3 million turnover for the current financial year.
