Bytes Technology Group UK and Phoenix Software Limited

Bytes Technology Group UK, a wholly-owned subsidiary of the JSE-listed Altron Group, is delighted to announce the acquisition of Phoenix Software Ltd with immediate effect.

Phoenix is one of the largest and most established UK IT Resellers with more than eighty percent of the business being UK Public Sector orientated. Phoenix has a presence on all the main Framework Agreements for Public Sector procurement in the UK and is a provider of end-to-end IT solutions including Software Licensing, Software Asset Management and IT Services. Headquartered in York, Phoenix has an annual turnover of more than £130m and employs 165 people.

This acquisition brings together two organisations which have built up a significant reputation for delivering high-quality customer service plus world-class products and solutions. The geographical synergies are ideal, with Phoenix having a substantial presence in the North and Bytes having a 35-year history of doing business predominantly in the South. With combined revenues this year of circa £400m and a total staff headcount of around 480, the group will become an important scale partner to many of the major global IT vendors. Comprehensive geographical coverage in the UK, combined with complete coverage of all vertical markets, the group will be able to work with customers across the entire business spectrum.

“I am delighted to be able to confirm this exciting news. Both companies bring different qualities and strengths which can help deliver even greater quality services to our combined customer base. It also represents a great opportunity for staff from both companies to be part of a larger, growing business where they can develop their skills and careers. Just to be clear, there will be no redundancies or job losses of any kind – it is very much our intention that two and two make five! We also look forward to continuing to work with our key suppliers and partners where we anticipate even greater revenues will help them become even closer to our businesses than they are already.

I am eager to get to know our new colleagues at Phoenix and am very much looking forward to working closely with Sam and the rest of the management team over the coming years.”

Neil Murphy, Bytes UK Group Managing Director

“This is extremely positive news and our announcement has come at the right time for our company and staff, in terms of navigating the fast-changing world of IT in which we operate and the channel consolidation that is taking place. We see plenty of synergies and are excited about working with new complementary offerings, and taking our joint businesses forward with ambitious growth plans across all our vertical sectors.

Everyone is extremely proud of our two UK-renowned organisations coming together. These are exciting times ahead of us, and both Neil and I recognise this is a very important IT merger that will deliver strength of customer service and national coverage on a significant level.

On behalf of the Bytes Technology Group UK and Phoenix Software Ltd and myself, I would like to thank all our staff, partners and suppliers for their help, support and partnership as we move into our next phase of growth and evolution.”

Sam Mudd, Phoenix Software Ltd Managing Director

Although every attempt has been made to ensure the accuracy of the above article, Phoenix Software Ltd cannot be held responsible for any opinions or information provided therein and as such is not liable for any damages caused by a customer’s reliance upon this information.