ICT solutions firm bought by acquisitive group

ICT solutions business Taalus Technical Solutions (TTS) has been bought by an expanding Yorkshire group for an undisclosed sum.

TTS, which is based in Aston and operates nationally, has become part of Complete Office Solutions (COS) where it will strengthen the group’s IT and technical division.

COS completed 10 acquisitions in 2015 and is looking to maintain its fast growth through its aggressive acquisition strategy.

“This is another huge step forward for us and takes our IT and technical capabilities on to another level,” said COS chief executive Richard Coulson.

“We are sincerely looking forward to working with the team and offering their services to our growing customer base.”

TTS recorded an £815,000 loss in its most recent published set of accounts, for the year to February 2015, on sales of £8.8m.

The deal increases COS’s fleet of copier engineers to 70 across the UK and also adds significant expertise to the IT/ technical support team.
 
Mr Coulson added: “The plan for the rest of 2016 is to add six more strategically placed regional sites to give us total coverage of the UK.

“We have agreed further acquisitions that will see us break the £100m barrier this year and we will have over 140 sales people on the road by midyear who will drive impressive levels of organic growth.

“Further acquisitions will continue to follow so we have great confidence in what we are building.”