Founded in 2022, cloud technology specialist Flotek Group has made waves, acquiring several respectable businesses in quick succession.
It seems Flotek has several deals in the pipeline, adding Chester-based ECS to its roster as a sixth acquisition – thanks to the advice of Knight, who supported ECS throughout the deal.
Previous acquisitions focused on Wales and Southern England businesses. This latest deal shows a desire to expand into the North West of England, as explained by Jay Ball, Flotek CEO, who said: “The deal enables us to achieve a key target of providing a set-time response to clients through dedicated teams now with local engineers accessing North Wales and England, and to forge relationships with key stakeholders in the region.”
Founded in 1985, ECS provides telecoms systems to over 850 organisations across the UK. The acquisition of the well-renowned firm increases Flotek’s turnover to £4.5m (and counting!).
Jay added: “To date, our business growth has focused on South Wales and England, so this latest acquisition is an exciting step forward that significantly expands our reach across the UK. ECS is renowned within the industry and is an incredible addition to our group.”
Peter Hull, ECS founder and Managing Director, shared the excitement following the deal, saying: “Having built ECS into an industry-leading provider to our nationwide customers, I look forward to seeing the business prosper as part of the Flotek Group.
“Our clients can expect the same, high-quality telecoms service they have always received, and will now have the added benefits of integrated IT support from one dedicated supplier.”
With no sign of stopping, Knight wishes Flotek the very best in continuing its fast rise!