Abica accelerates growth with PCR acquisition
Award winning telecoms company, Abica Telecoms Group, has expanded its business into the IT services sector with the acquisition of a significant stake in IT service provider, PCR.
Abica, established in 2000 by David Munro and Gregory Barnett, is headquartered in Glasgow and currently delivers full service telecoms solutions; including mobile, Telephone Systems and connectivity services, to mid-enterprise businesses across the UK.
This acquisition is part of an aggressive growth strategy by the company as the combined telecoms and IT market continues to grow throughout the UK. The Group expects revenues to exceed £5m in the current financial year.
David Munro, Abica co-founder and director, commented; “We have seen a rising demand from our client base to provide IT and Cloud services alongside our current telecoms offering. We had been looking for the right IT company for some time and PCR seemed the perfect fit for our growth plans, particularly as both businesses are focussed on delivering only the best in customer service.
“By acquiring this stake in PCR, we have significantly augmented our service offering, allowing us to seamlessly manage all telecoms and IT services for clients.”
Gregory Barnett, Abica co-founder and director, added; “Currently, Abica is looking at considerable expansion in the coming months as the demand for combined telecoms and IT services continues to grow at a rapid rate.
“We are actively looking to acquire other businesses in this sector as part of our buy and build strategy.”
PCR was established in 2004 by young Glasgow entrepreneur, Nick Cohen, when he was just 13 years old. The company has grown from a small PC repair business to an IT service provider operating in the UK market. Nick will remain a part of the business which will operate as part of the Abica Telcoms Group.
About Abica
Abica is an award winning business telecom service provider, supplying small to medium sized businesses with a full range of telecoms services throughout the UK. Backed up with award winning customer service and support, Abica has developed a range of innovative, cost effective products and solutions. The company specialises in business mobiles, business broadband, fibre leased lines, business VoIP telephone systems
and business landlines.
