Bristol technology business is snapped up by US giant
A Bristol-based technology and managed services specialist has been bought by a multinational business.
Symec Technologies, which offers mobile technology solutions, has been bought by TRG for an undisclosed amount.
Symec, was formed in 2009, and is based in Bristol, with an additional 35,000 square foot facility in Poznań, Poland.
The company, which employs 72 staff has been steadily growing over the past 14 years.
TRG president Sean Kennedy said: “Symec has built a reputation as one of the UK’s leading mobile device, connectivity and managed service providers.
“Bringing this team into the TRG family allows us to significantly expand our UK and European operations, while providing our customers with more top-tier global offerings.”
TRG first established a presence in Europe in 2013 with the launch of a service centre in Nijmegen in Holland.
In 2019, the company has since expanded into a new facility in Haarlem.
The Symec acquisition will add significant scale and service capabilities in both UK and throughout Europe and is another step in its robust global expansion efforts.
“Our teams both share a commitment to helping customers adapt to an ever-changing technology landscape,” added Symec co-founder Phil Bruce.
“We are very much aligned in our approach to managed solutions. I believe customers on both sides of the Atlantic will benefit significantly from this new relationship.”
“We are excited to be joining the TRG family,” said Symec chief executive David Glover.
“Our combined operational expertise and expansive service offerings will add value for our customers while opening up exciting new opportunities for expansion and progression for our colleagues.”
This is the second major deal of 2023 for TRG, who began the year by acquiring Real World Communications Inc. (RWC), a successful provider of mobility devices and wireless and network solutions in the Canadian market.
With facilities across the United States, Canada and Europe, TRG provides a suite of lifecycle management services – offering a one-stop-shop solution across vendor, lifecycle stage and service.
“As companies continue to become more global and mobile, both the RWC and Symec acquisitions ensure that we continue to lead the future of enterprise technology by providing bold endpoint solutions designed to streamline our customers operational efficiency,” said Kennedy.
