TMB is delighted to announce that we have formally been acquired by the Fifosys Group, which will support us in taking TMB to the next level.
We have provided companies with professional IT support and services for over 30 years, working with organisations in various sectors, including education, construction, and finance. We're also one of the nation's leading suppliers of Pegasus Software solutions, such as Opera 3, Opera 3 SQL SE, XRL and Capital Gold, aiming to offer reliability, speed and robust cyber security – and friendly, approachable support.
We're keen to stress that existing TMB clients should expect business as usual with no interruptions as the TMB and Fifosys teams work together, with Tina Verney and Richard Shuker helping support the transition.
At Fifosys, we're in the somewhat unique position of being a founder-led company driven by three things: our people, our technology, and our overarching commitment to never standing still.
Welcoming TMB into our family further enhances our service offerings and solidifies our position in the IT industry. It also offers us enhanced coverage in the southeast of England.
TMB marks our third acquisition in the last five years - and the second outside of London after buying Enforce Technology in 2021. The move takes us to a combined client base of over 400, with an expected annual turnover of over £10m, marking the start of a significant new chapter for Fifosys.
We're excited about the opportunities that the acquisition brings and look forward to leveraging the combined expertise of both companies to provide enhanced IT solutions and services to clients.
Mitesh Patel, founder and Managing Director at Fifosys, said: "We're delighted to welcome TMB into the Fifosys family. With over 30 years of experience, we believe this is our perfect next step, and we can't wait to get going.
"TMB is a profit-making business with a proven track record in areas such as managed services, disaster recovery, and software development, whilst the Pegasus support option provides us with something we didn't have at Fifosys before this acquisition.
"I would like to take the time to personally thank Tina Verney and Richard Shuker for their hard work over the last few months as we've worked on the logistics of this takeover, and we look forward to merging TMB's expertise with that of our already strong staff at Fifosys.
"We believe that if you stand still in this industry, you get left behind. With that in mind, we're excited to help further empower our clients with our shared expertise and solutions and ensure they keep pace with the ever-increasing opportunities available".