Air IT has announced its seventh and eighth acquisitions in a series of M&A deals.
It has acquired Reading-based MFG UK Ltd and Uttoxeter-based INFINITY IT Solutions Limited, effective 2nd September 2021, for undisclosed considerations.
Backed by August Equity since January 2020, this marks the fourth time the IT Managed Service Provider has acquired two businesses simultaneously – the first pair last October, the second in December and the third in March.
Air IT has added MFG and INFINITY to its portfolio as part of ambitious plans to further expand across the UK and become the MSP of choice for SMEs nationally. As a result of these acquisitions, Air IT has increased its headcount to 270 staff – over 200 of whom perform direct service-related roles – and boosted its existing presence both in the South East and the Midlands.
The new additions are both highly regarded MSPs in their own right, having seen impressive organic year-on-year growth and earning an excellent reputation with their clients, demonstrated by their customer loyalty.