EACS Acquires IT and Managed Services Specialists Sentronex

| News Press Release

EACS continues its expansion with acquisition of disaster recovery, IT and managed services specialists, Sentronex

Sentronex acquired by EACS

Organic growth and acquisitions have seen EACS grow by over 25 per cent in the last 18 months as it becomes a key challenger brand.

Managed services provider EACS today announces that it has acquired the privately held IT services company Sentronex. Based in London, Sentronex provides high quality disaster recovery and IT managed and professional services to the UK’s City financial organisations. Founded in 2005, this award winning company works specifically with FCA regulated businesses, using its specialist understanding of this sector to design and produce solutions that address the demanding needs of its clients.

The move represents a significant acceleration for EACS, with the business achieving growth that will secure £30m in revenues in 2018. The acquisition consolidates and buildsupon the company’s position in the financial services sector.

Commenting on the acquisition, Kevin Timms, CEO of EACS said:

"Sentronex has built a well-deserved reputation for great service within the financial services sector over many years. This acquisition enables us to add a fantastic set of clients to our business from a base in London of high quality technical resources. Significantly,Sentronex’s disaster recovery services adds an important new dimension to our managed services portfolio and Sentronex customers will have the advantage of EACS’s end-to-end cloud and business consultancy portfolio.

“This acquisition satisfies one of EACS’ stated business focusses for growth and will providebenefit for its clients, employees and partner network to provide enhanced and connected solutions to customers.”

"We will work to bring these businesses together quickly, but our clients will be able to benefit from the combined capability immediately”

Reinforcing the comments from Kevin, outgoing CEO of Sentronex Mark Parnell-Hopkinson, said:

“This is a great move for Sentronex and our clients. Sentronex customers gain an important level of scale and breadth of service provision that will be a big advantage to them and our employees. The opportunity it provides is excellent”

Upon the close of the acquisition, Sentronex will remain a trading business although it will become fully integrated within EACS. Financial terms of the transaction are undisclosed.

ENDS

About EACS

EACS is an award winning and trusted provider of IT solutions and managed services to a wide range of UK organisations of all sizes.

Founded in 1994, the company supplies practical, innovative and cost-effective IT products, solutions including end user computing, infrastructure, cloud computing and systems management.

Partnerships with market leading manufacturers mean EACS is positioned to provide organisations with the highest level of expertise and quality. Accreditations include Gold partner status for Citrix, Microsoft, NetApp and Dell, Platinum Partner status for SOPHOS.

EACS is ISO 9001:2008 certified for Quality Management and ISO 27001:2013 certified for Information Security.

About Sentonex

Sentronex is an award winning specialist technology services provider, focusing on City financial organisations. Founded in 2005, Sentronex is a leading provider of IT support, consultancy and managed services into FCA regulated businesses

It is Sentronex’s understanding of this industry that has allowed it to design and producesolutions that address the demanding needs of its clients.

Editorial Contacts

Sean Hand/ Mary Davoudi Spreckley
T: 020 7388 9988
E: eacs@spreckley.co.uk