Newbury: Roc Technologies acquires Esteem Systems to create £80m company

Roc Technologies, the fast-growing and award-winning Newbury headquartered transformation services provider has acquired Data centre, cloud and managed service specialists Esteem Systems - to create an £80 million company.

The acquisition accelerates Roc's strategy of becoming one of the UK's leading providers of programme, process and platform services, and enhances both organisations ability to deliver on the needs of their customers for performance acceleration through business and digital transformation.

The acquisition will build strategic customer value by extending the digital infrastructure and managed services capabilities of both organisations. Roc has built a growing reputation for delivering digital transformation in public and private sector, with significant customer traction in the defence, justice, energy, police, higher education, airports, life sciences, pharmaceutical and legal sectors. Roc's technology platform portfolio includes secure enterprise communications, mobility, cloud services, and managed services.

With a 30-year track-record, Esteem Systems brings a complementary portfolio in private cloud, data management, desktop, and managed services, and has become a strategic infrastructure and services partner in public and private sector with significant traction in local government, retail, higher education, legal, health, and energy.

The combined business will have projected 2019 revenues of £80m, EBITDA of 9% and rising, 350 employees, UK-wide sales and support coverage with offices in Newbury, London, Wetherby and Glasgow, and Secure UK Managed Service Centres in Newbury and Woking.

"I am delighted to be able to welcome Esteem Systems and our new colleagues into the Roc family," commented Matt Franklin, CEO of Roc Technologies. "Our strategy at Roc is simple; to become the most valuable partner in our customers digital transformation strategy, and through that value-driven customer relationship, drive Roc's growth and reputation in the market."

The deal will bring together the company's complementary technology vendor partners including Citrix, Dell/EMC, HPE Aruba, Microsoft, Nutanix, Oracle, Tibco, UK Cloud and Cisco.

In 2017, to support its long-term business plan Roc received investment from BGF, one of the world's leading growth capital investors. Roc also acquired programme and project management specialists City Change Management.