The acquisition of Liverpool’s IT and data centre firm, The Stack Group, by PCM marks a pivotal moment in the tech industry. This strategic move promises enhanced service offerings and expansive growth.
Acquisition Insight
The recent acquisition of Liverpool’s renowned IT facility, The Stack Group, by the UK arm of Nasdaq-listed technology titan PCM signifies a strategic expansion. Founded in 1979, The Stack Group has been synonymous with pioneering IT solutions, catering to cloud, security, and virtualisation needs. This move is set to amplify PCM’s expertise in hybrid cloud and digital infrastructure.
Chairman and CEO of PCM, Frank Khulusi, remarked, “The acquisition of The Stack Group is a key milestone for our new UK segment to further support our clients’ needs in the services and solutions market.” Stack’s integration heralds a suite of opportunities to mesh PCM’s existing capabilities with new avenues for client-focused growth.
Strengthening UK Presence
By acquiring The Stack Group, PCM aims to bolster its UK presence significantly. The Stack Group has firmly established its reputation with clients across the UK, driven by its adept handling of data services and unified communications.
The Liverpool headquarters, complemented by its dual cloud data centres, will now serve a broader clientele. This aligns seamlessly with PCM’s commitment to augment service reach and reliability within the European markets.
Leadership and Vision
Steve Cobham, the managing director of The Stack Group, expressed enthusiasm over the transition. “We are delighted and excited to be joining the PCM family,” Cobham stated, envisaging a future brimming with growth possibilities.
Through this merger, Stack plans to leverage PCM’s established client base, furthering their service offerings. This strategic alignment underscores both firms’ vision for enhancing service innovation and expanding operational frontiers.
As PCM integrates The Stack Group, there’s anticipation for increased consultancy and service supply from globally acclaimed brands like Cisco and Citrix, leveraging their established vendor accreditations.
Financial Performance
The Stack Group has demonstrated robust financial performance, generating approximately £2.9m for the financial year ending 31st March 2017. This financial traction underscores its market credibility and operational efficiency.
This acquisition is not merely a financial transaction but a strategic alignment designed to generate long-term value, enhancing both parties’ market propositions.
Client-Centric Approach
This acquisition promises a heightened focus on client satisfaction. With a unified approach, Stack and PCM aim to offer more refined, tailored IT solutions, addressing diverse client needs.
PCM’s resolve to accelerate market share gains is a pivotal element of this merger. Together, Stack’s service heritage and PCM’s forward-thinking strategies will spearhead innovative solutions for current and future challenges.
With this integration, Stack and PCM are poised to enhance service delivery models, bringing state-of-the-art solutions to both existing and emerging markets.
Expanding Horizons
Frank Khulusi highlighted the significance of expanding PCM’s offerings not only to new customers in the UK and European markets but also to their global clientele based in North America.
This international reach is set to redefine PCM’s trajectory, enabling cross-continental collaborations and a seamless service delivery experience.
Future Prospects
The integration of The Stack Group into PCM’s operations is a significant step towards establishing a more diversified service portfolio.
The collective expertise of both entities paves the way for a robust future in technological innovation. The synergies expected from this collaboration are likely to result in progressive solutions and noteworthy advancements across various IT domains.
In conclusion, PCM’s acquisition of The Stack Group represents more than a mere business transaction; it is a strategic alliance that promises to pioneer innovative solutions and expand market reach.