Vodafone Platinum Partner Excalibur today (9 November) announced that it has acquired Emnico Enterprises Ltd Technical Services, a private IT network management company.
Excalibur has agreed to a strategic alliance with sister company, Emnico Technologies Ltd, to deliver software and complete end to end customer solutions. The move is the first in a series of strategic acquisitions aimed at accumulating skills and establishing leadership in the SME managed services market.
Excalibur said the acquisition will extend its technology, service and support portfolio and better equip it to deliver a complete end to end business service encompassing reliable insight and expertise in telecommunications and technology.
Mobile reported in August this year that Excalibur was on the acquisition trail and was running the rule across six companies at the time in the mobile, fixed-line and IT sectors. The company has also been boosting its management team in preparation for its expansion plans.
Excalibur is a Microsoft Gold, Vodafone One Net and Cisco partner and Blackberry Alliance Associate Member. It currently helps over 5,000 UK SMEs to address needs relating to voice and data, business continuity, connectivity, cloud computing and IT outsourcing. Excalibur also manages over 30,000 mobile phone users.
‘The Emnico Enterprises Ltd acquisition reflects Excalibur’s continued focus on repositioning the company as a complete unified communications and IT solutions provider to the SME market,’ said Excalibur MD James Phipps (pictured). ‘The invaluable addition of a very talented Emnico Enterprises Ltd team will help us to accelerate our IT services and support solutions for meeting customers’ evolving needs within these environments.’
Excalibur said in a statement today that it acquired Emnicos Enterprises Ltd assets with the aim of driving growth and increasing turnover by £750,000. The company has doubled revenue over the past three years and expects to contribute to fiscal 2012 growth by broadening its IT services and support portfolio and ultimately increase its EBITDA to £1.7 million.