The Channel logo

News

By | Team Register 25th March 2009 01:53

Yorkshire dealers get spliced

Phase CRS climbs on Concorde

Concorde Informatics has bought fellow Yorkshire reseller Phase CRS for an undisclosed sum.

Phase CRS boss Chris Walker joins the company as CTO and is taking a stake in the enlarged business.

Phase brings 24 people and £2m to the table, to take Concorde's pro forma revenues to £9m and headcount to 70.

This is Concorde's first M&A deal since it was bought just a month ago for a "seven figure consideration" by ICM Computer Group veterans Colin Meakins and Barry Roberts.

Concorde has HP and Microsoft badges and a couple of bespoke software divisions targeting the automotive and public safety sectors.

Here is the Phase CRS release, with quotes and stuff. ®

alert Send corrections

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper

Features

Hacked US CENTCOM Twitter account
Roll up, roll up, get your exclusive market insights
Wile E. Coyote goes over the edge again
money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals