Kelway acquires Elcom ITG to become £100 million business
Kelway, the UK’s fastest growing IT reseller and CRN’s Reseller of the Year, has acquired the assets of Elcom ITG, the IT infrastructure and services group. The acquisition, in line with Kelway’s ambitious growth plans, will see a projected combined group turnover of over £100 million and more than 160 full time staff at seven UK locations. Elcom ITG will continue as an independent brand within the Kelway group.
“Elcom ITG has a blue-chip client base and a business model that fully complements Kelway’s,” says Phil Doye, Managing Director of Kelway and Elcom ITG. “Our growth strategy is based on a combination of ongoing organic business development and the acquisition of companies whose people, products and services are a natural fit for us. Elcom ITG is exactly that sort of company and has massive potential to thrive as part of the Kelway group.”
Kelway was established in 1990 and has expanded dramatically in the past six years with turnover rising from £12 million to £54 million. With headquarters in London’s Docklands, it has four established UK sales offices and a fifth in South Africa. Kelway’s success to date has been based on a combination of a product range that embraces the industry’s leading IT solutions and a practical and professional approach to customer service and delivery. Last year Kelway was named both Corporate Reseller of the Year and overall Reseller of the Year at the prestigious CRN Awards.
Elcom ITG has been delivering IT services to leading UK organisations for nearly 25 years. Its range of infrastructure and management services encompasses technology fulfilment, software licensing, asset management and support. It boasts expertise in all classes of modern enterprise IT, including networking, mobility, storage and security.
“With Kelway’s financial stability and proven track record, Elcom ITG will prosper in the key IT infrastructure and services market,” says Dan Laws, Commercial Director of Kelway. “This acquisition adds an important new dimension to the Kelway group, establishing us as leaders in consultancy, infrastructure and management services as well as the fastest growing and most ambitious supplier of core IT solutions. It has been an exciting year for Kelway and we are determined that the next twelve months will be just as rewarding.” |