Wetherby’s Esteem Systems acquired, creating £80m services provider

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Wetherby’s Esteem Systems acquired, creating £80m services provider
Credit: Shutterstock.com/ Melpomene

Esteem Systems, the Wetherby-based data centre, cloud and managed service specialists, has been acquired by Roc Technologies creating an £80 million transformation services provider.

Roc said that the deal accelerates its aim of become one of the UK’s “leading providers of programme, process and platform services”.

Esteem Systems has a thirty-year track record, having become a strategic infrastructure and services partner in the public and private sectors.

The combined business will have projected 2019 revenues of £80 milion, EBITDA of 9% and rising, 350 employees, UK-wide sales and support coverage with offices in Newbury, London, Wetherby and Glasgow, and Secure UK Managed Service Centres in Newbury and Woking.

Matt Franklin, CEO of Roc Technologies, said: “Esteem brings recognised strength in Private and Public Cloud solutions and services and a strong Managed Services portfolio.

“Together we can serve the Intelligent Infrastructure and Cloud needs of our customers.  Esteem has also built a significant Managed Services business, which when added to Roc’s Managed Services capabilities creates an incredibly strong annuity driven business.

“Roc’s unique capabilities in Programme Management and Business Process Transformation will deliver incremental value to Esteem’s customers, and together we create one of the most capable providers of business and IT transformation services in the UK.

“The coming together of Roc and Esteem Systems is 100% complimentary in portfolio, customers, industry focus, and geography, and I am absolutely thrilled that together we can extend new value to our joint customers and accelerate our next phase of growth through a truly differentiated customer offer.”