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Birmingham Post
Birmingham Post
Technology
Jon Robinson

IT group used by Home Bargains, Screwfix and Sega acquires Edinburgh counterpart for up to £8.5m

A Liverpool-headquartered IT services, cyber security and cloud hosting provider, whose clients include Home Bargains, Screwfix and Sega, has acquired an Edinburgh company in a deal worth up to £8.5m.

AIM-listed SysGroup has snapped up Truststream Security Solutions, a provider of managed cyber security services, in a deal funded from the group's existing cash resources and supported by a new £8m revolving credit facility provided by Santander.

READ MORE: TalkTalk agrees to acquire 200-strong network provider

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