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Flotek Group Eyes New Acquisition Target After Integration Success

Flotek Group

Flotek Group, a fast-growing Managed IT and Telecom Service provider, is ready for the next phase of the buy and build strategy. Having completed 8 acquisitions in 12 months, Flotek Group now have 5 offices across the UK with a key focus on the South West.

Jay Ball, CEO of Flotek Group, attributes the company’s rapid growth to the seamless integration of acquired businesses across multiple sectors, including IT, telecom communications, and data infrastructure throughout the UK.  With a focus on culture alignment from the outset, Flotek’s 100-day integration plan clearly outlines goals and key performance indicators.

Jay said: “Our focus when approaching potential targets has always been to create win-win deal structures. By establishing trust with sellers from day one, we facilitate smoother and more successful integration processes.”

Mark Wyatt, Former Director & owner of Gower Business System commented: “Having developed the business’ success during the past three decades, it’s extremely important to me that we continue to build on Gower Business System’s legacy, and serve our loyal & fantastic customers.

“Flotek’s employee-led and customer-centric business model perfectly aligns with Gower Business System’s ethos. I am pleased to see after one year since joining Flotek Group, our customers now benefit from extended services such as cloud telephony, Microsoft Cloud and an enhanced cyber security service. I am delighted to see everything agreed during the negotiation with the deal have been successfully fulfilled and exceeded my expectations.”

Flotek Group has recently secured prestigious NHS contracts as a data infrastructure installer, covering areas in Swansea, Hywel Dda, Powys, and Cwm Taf. This achievement reinforces Flotek’s commitment to delivering exceptional services and further solidifies its position as a trusted provider in the industry.

Building upon a strong foundation of growth and success in its first year, Flotek Group is actively seeking to engage with Communications or IT companies with a turnover ranging from £350k to £2m for potential discussions.

Jay added: “We frequently receive enquiries regarding the acquisition of our competitors, as we have been transparent about our previous acquisitions. However, these enquiries often come when the competitors are looking to sell, which may not allow them to receive the true value they deserve.

“Our approach is to establish a longer-term relationship with potential sellers, align our goals, and assist them in achieving the necessary value for a successful exit in the future.”