Modern Networks, a UK-based provider of IT Managed Services and Connectivity to the Real Estate and Construction industry, received a £40m investment from Horizon Capital.
Alongside Horizon Capitals investment, debt finance for the acquisition and a committed facility for acquisitions has been provided by specialist SME lender DunPort Capital Management.
The company intends to use the funds to pursue acquisitions alongside its organic growth within the commercial sector and also in adjacent sectors.
Established in 1999 by Matthew Reeve, who continues as CEO, Modern Networks provides IT Support, connectivity and communications in an integrated solution to over 2,000 sites across the UK. From its support centre in Hitchin, the company delivers a 24/7 service to users and serves a number of the largest commercial property managers in the UK.
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The Top 25 Women Leaders in IT Managed Services of 2021
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The IT Services Report is pleased to announce The Top 25 Women Leaders in IT Managed Services of 2021 NEW YORK (PRWEB) March 08, 2021 The IT Services Report is pleased to announce The Top 25 Women Leaders in IT Managed Services of 2021. These exceptional women have excelled in a highly competitive industry that continues to evolve at a fast clip. Hailing from varied backgrounds they contribute an array of expertise, yet one thing unifies these executives and that’s their commitment to customer success. They work in diverse organizations where communication and collaboration skills are paramount in delivering effective solutions to increasingly complex client needs. Offering services spanning overall IT management, workflow improvement, remote monitoring, cloud migration, help desk support, and more, these leaders have maintained a dedication
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Loffler Companies Named to CRN’s 2021 MSP 500 Elite 150 list for Excellence in Managed IT Services
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Loffler Companies announced today that CRN®, a brand of The Channel Company, has named Loffler Companies to its 2021 Managed Service Provider (MSP) 500 list in the Elite 150 category. This popular list identifies North American solution providers that deliver operational efficiencies, IT system improvements, and a higher rate of return on investments for their customers. These accomplished MSPs work tirelessly to guide their customers and create solutions for complex IT issues.
“Our priority is helping clients succeed by creating secure, efficient and healthy IT ecosystems within their organizations,” said James Loffler, Managing Partner/Vice President of the IT Solutions Group at Loffler Companies.