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SysGroup expands UK footprint with acquisition of Scottish IT firm

Art Post · 4/6/227:32 AM

Liverpool-headquartered SysGroup has expanded its presence in the UK with the acquisition of Truststream Security Solutions in Edinburgh for £4.8m. SysGroup, an IT managed services and cloud hosting provider, has paid for the deal from its existing cash balance and a new revolving credit facility of £8m from Santander. Established in 2011, fast growing Truststream is a provider of professional and managed cyber security services with a turnover of £3.2m for its latest financial year. The...

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SysGroup expands UK footprint with acquisition of Scottish IT firm

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