Bristol It consultancy Symec has been acquired by US tech firm TRG.
Mobile tech specialist Symec employs around 70 people across its headquarters in Emersons Green and its 35,000 sq ft EU service centre in Poznan, Poland. The deal, which has been agreed for an undisclosed sum, will see the expansion of Ohio-based TRG’s operations in Europe, where it already has facilities in The Netherlands.
In a post on its LinkedIn page, Symec said its founders Paul Golden and Phil Bruce and the company's leadership team would remain as shareholders. Mr Bruce, said: “Our teams both share a commitment to helping customers adapt to an ever-changing technology landscape. We are very much aligned in our approach to managed solutions. I believe customers on both sides of the Atlantic will benefit significantly from this new relationship.”
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Symec chief executive David Glover added: “We are excited to be joining the TRG family. Our combined operational expertise and expansive service offerings will add value for our customers while opening up exciting new opportunities for expansion and progression for our colleagues.”
TRG, which serves more than 5,000 customers and has more than 10 million devices under management, said Symec has a suite of services that “perfectly” aligned with its own. The firm’s president Sean Kennedy said: “Symec has built a reputation as one of the UK’s leading mobile device, connectivity and managed service providers. Bringing this team into the TRG family allows us to significantly expand our UK and European operations, while providing our customers with more top-tier global offerings.”
The purchase of Symec is TRG’s second of the year, after it bought Canadian company Real World Communications in January.
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