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Birmingham Post
Birmingham Post
Technology
Coreena Ford

Aspire Technology Solutions secures investment from LDC in £85m transaction

Fast growing Gateshead firm Aspire Technology Solutions is on the acquisition trail after securing investment in a deal which values the business at £85m.

Aspire – a former North East Company of the Year – was launched by two-man team Chris Fraser and Nigel Begg 15 years ago and has since grown to become a leading UK IT managed service and cyber security providers, employing more than 200 people.

The firm, whose customer base extends across the UK and covers a range of sector, now has bases in Gateshead, London and Stockton, having recently moved into its new head office at the Pipewell Quay development, based on the site of the former Baja Beach Club.

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