Chesterfield IT reseller snapped up by Goldman Sachs-backed European giant

Hege Støre

Advania, a portfolio company of Goldman Sachs Alternatives and one of the largest providers of IT services in Northern Europe, has bought Chesterfield-headquartered IT reseller giant CCS Media.

CCS Media boasts revenues of around £280m a year GBP 280m.

The deal will see Advania employ over 1,500 people at more than 20 offices in the UK.

“I’m very excited to have CCS Media join forces with Advania. CCS has a strong and proven track record of growth, customer relationships and delivering cutting-edge IT solutions across the UK market. Together with the Advania UK operation, we are certain that this investment will further accelerate our growth and elevate our position in the UK market,” says Hege Støre, group CEO of Advania.

Terry Betts, CEO of CCS Media, said: “The CCS Media Leadership Team is immensely excited to unite forces with Advania and extend an even greater depth of expertise and services to our loyal customers across the UK.

“CCS Media was on a journey to develop more comprehensive solution offerings for our customers and the transaction will hugely accelerate this trajectory. This acquisition will also benefit our employees, offering wider opportunities for growth and development at such an exciting time in the industry.

“Like Advania, people are at the heart of our business and our shared culture and customer centricity was a key driver for the deal to progress. The extensive capability of the combined business, and particularly Advania UK’s class leading partnership with Microsoft, will enable us to address a broader range of customer needs from devices & infrastructure, to strategy, cloud transformation, AI, and managed services”

Michael Bruun, global co-head of private equity at Goldman Sachs Alternatives, added: “We and our co-investment partners are very pleased to welcome CCS Media into the fast-growing Advania platform and to support the company in further scaling Advania’s operations and offering. The acquisition of CCS Media will create a differentiated and highly compelling end-to-end proposition for the UK market”

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