The leading UK cloud service provider Atech Support will use a seven-figure investment from BOOST&Co to offer additional products and services to its new and existing customers, as well to fund acquisitions. Having recently experienced significant growth and increased demand for its cloud tools, the Buckingham-based technology specialist will also use the funds to support its customers’ business-as-usual and strategic objectives.
Atech specialises in managed services and security, with a particular focus on digital transformation and providing global support for mid-level enterprises. In recent years, the company has grown to become a direct tier-one Microsoft cloud service provider, a milestone that led to the business receiving several additional industry and security accreditations.
Kim Martin, BOOST&Co’s head of the south and Midlands, was impressed by the team’s development and implementation of a strong technical focus to transform the business in previous years. She also understood the unique market in which Atech operates, making BOOST&Co the ideal lender for a firm that has grown swiftly and required funding that was tailored to its needs.
Tim George, co-founder of Atech, says: “We think five years ahead, act with agility and are comfortable with challenging the status quo, so given the highly specialised services we provide, it became clear that we needed to work with a specialist when it came to financing our growth plans. This made BOOST&Co the ideal lender.”
Ryan Langley, Atech’s chief executive officer, says: “Having been early adopters and having led in cloud since 2015, we have evolved from an award-winning managed services provider to a multi-accredited cloud service provider. In the past 18 months, the pandemic has accelerated cloud adoption and heightened requirements, so we have adapted to existing and new clients’ needs and the increased demand for expertise.
“We are now in the unique position of expanding our deep vertical skills and boosting our 24/7 global offering with complementary services from organic and acquisition-led growth. We are excited about the next chapter in our development and our partnership with BOOST&Co.”
Kim Martin says: “It has been great to work with Atech’s impressive team to arrange a loan that will enable them to pursue their growth ambitions and develop their offering. The firm operates in a unique sector, so we are excited about seeing what the team’s forthcoming acquisitions will enable them to achieve.”