ANNOUNCEMENT FROM JONATHAN MARSDEN - CEO
To our valued customers,
I am delighted to share the exciting news that as part of Private Equity backing from Chiltern Capital, The Technology Group will join forces with Gradwell Communications in a new group of Unified Communication companies.
Both successful businesses will retain their brand identities and existing management teams, with TTG continuing to focus on servicing direct customers, whilst Gradwell transitions to a 100% channel business.
There is no change to TTG business operations. I continue to head TTG as CEO and as part of the transaction hold an investment in the combined group.
By joining the new larger group, TTG will benefit from access to over 25 developers group-wide to help further tailor our UC solutions to our clients’ requirements, as more and more businesses focus on cloud transformation. By working collaboratively with Gradwell, TTG will have more control over our solution componentry, and double the scale of our buying power with the networks, with a combined group turnover £17M projected this year.
Our strategy is to supercharge both businesses, with Gradwell serving predominantly smaller SME clients through a channel or reseller model, whilst TTG focuses on a direct high-quality SME, Mid-Market and Enterprise service delivery strategy.
As one of the founders and CEO of TTG, I’m incredibly proud of what we have created so far in our journey to become a market leader within the UC managed service sector. When we started the business 8 years ago, 5 of us in a small office in Leeds, I could only have dreamed of having nearly 1,000 customers as we have today, using our solutions in over 30 countries around the world.
Thank you to all our customers for your continued loyalty in choosing The Technology Group. As part of the structure of this deal it allows TTG to continue to provide the highest quality of personal service we know you love, yet behind the scenes benefit from the scale and financial might of a much larger group. Hopefully this delivers the best of both worlds, in retaining a focused smaller company feel, but with big ambitions and big backers!
Over the coming days we will issue a formal Press Release, but I wanted to share the news with you, our loyal customer, first.
We can’t wait to get started on this exciting new chapter ahead, and we’ll be reaching out to all customers over the coming months with any improvements we can make within TTG by leveraging the group’s combined capabilities.
Thanks again for your support and loyalty.
Founder & CEO
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