UK-based IT managed services company BCN Group, which is backed by private equity firm ECI Partners, has acquired Microsoft partner CMI for an undisclosed amount.
This is technology M&A deal number 90 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here.
BCN Group Acquires CMI
BCN Group, based in Manchester, United Kingdom, has 178 employees listed on LinkedIn.
The MSP, founded in 2009, now supports 1,000 customers and 30,000 end-users. BCN Group is a Microsoft cloud service provider and gold partner. The company has acquired at least five MSPs and IT service providers since 2018. Key BCN Group buys included Blue Logic.
BCN was itself purchased by private equity firm ECI Partners in June 2022.
CMI, founded in 2009, is based in Belfast with additional offices in Thames Valley and London. The company has 113 employees listed on LinkedIn. CMI’s areas of expertise include Network & Data Security, Business Continuity, Technology Solutions, Managed Service, cyber security, Modern Workplace, and 365 & Teams.
The company offers complementary products as specialists in Microsoft Modern Workplace, Microsoft Azure, cybersecurity, and managed IT, all of which will bolster BCN’s portfolio and expand its UK base, the company said.
BCN Group Acquires ECI Partners: Growing Microsoft Capabilities
Rob Davies, CEO, BCN Group, commented:
“CMI’s complimentary product and service offering allows us to increase our Microsoft customer base and strengthen our team of technical experts. Importantly, the acquisition means we can take our combined technical capability to the next level, further establishing BCN as a key player among UK Managed Service Providers.”
Ken Roulston, managing director, CMI, said:
“This is extremely positive news for our team and customers. The additional capabilities BCN Group brings will expand the support, skill set and technology available and create even stronger IT support. We are looking forward to aligning our offerings and provide our strengthened specialist support to our ever-growing customer base.”
