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Service Express Acquires The Icc Group, Expanding Data Center Service Offerings In The U.K.

Sep 08, 2021about 4 years ago

Acquiring Company

Service Express

Acquired Company

Service Express

Grand RapidsInternet ServicesConsultingInternet Services

Description

Global data center solutions provider, Service Express, announced its acquisition of The ICC Group, a data center services company based in the U.K. The two companies will combine decades of technical expertise to deliver comprehensive multivendor services in the U.K.

Company Information

Company

Service Express

About

As the leading data center solutions provider, Service Express specializes in onsite data center support for server, storage and network equipment to help IT teams control costs and optimize infrastructure strategy. Customers can manage, monitor and automate support with ExpressConnect®. Founded in 1993, Service Express maintains multivendor data center equipment for healthcare, manufacturing, education, finance, government, technology and other Fortune 500 companies worldwide. In addition to post-warranty maintenance, Service Express offers hardware system and sales solutions, software support, IT asset disposition and data center relocations. For more information, visit serviceexpress.com.

FundzWatch™ Score

67
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed