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Commenting on the acquisition, Kevin Timms, CEO of EACS said:
"Sentronex has built a well-deserved reputation for great service within the financial services sector over many years. This acquisition enables us to add a fantastic set of clients to our business from a base in London of high quality technical resources. Significantly, Sentronex’s disaster recovery services adds an important new dimension to our managed services portfolio and Sentronex customers will have the advantage of EACS’s end-to-end cloud and business consultancy portfolio.
“This acquisition satisfies one of EACS’ stated business focusses for growth and will provide benefit for its clients, employees and partner network to provide enhanced and connected solutions to customers.”
"We will work to bring these businesses together quickly, but our clients will be able to benefit from the combined capability immediately”
Reinforcing the comments from Kevin, outgoing CEO of Sentronex Mark Parnell-Hopkinson, said:
“This is a great move for Sentronex and our clients. Sentronex customers gain an important level of scale and breadth of service provision that will be a big advantage to them and our employees. The opportunity it provides is excellent”
Upon the close of the acquisition, Sentronex will remain a trading business although it will become fully integrated within EACS. Financial terms of the transaction are undisclosed.
