TechnologyAccounting SoftwareTSG targets northwest

TSG targets northwest

TSG continues buying up financial software resellers

Technology Services Group (TSG) has acquired Sage reseller AC Computer
Services, marking its second purchase in the northwest and its 17th acquisition
in total. The acquisition of the Wigan-based reseller follows hot on the heels
of its first northwest acquisition of Pegasus reseller PJ Howlett.

Duncan Davies, mergers and acquisitions manager at TSG, said: ‘Lancashire is
a sweet spot and has a huge amount of potential SME sales.’

AC Computer Services carries Sage’s Line 100 and Construct software and
Davies added that the reseller will be swiftly integrated and rebranded. ‘It’s
the Line 100 customers that we want, but selling Construct also typically
involves a communications infrastructure sale as well,’ he said.

James Calvert, chief executive of Regent Associates, said: ‘Mergers and
acquisitions activity is fundamental to IT. The only way to get big quickly
though, is to make large numbers of acquisitions, but companies should be aware
of over-borrowing.’

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