H2O Car Valeting has recieved a £5 Million Loan backed by the SBLGS see more here
http://www.birminghampost.net/birmingham-business/birmingham-business-news/automotive-business/2009/12/31/car-valeting-group-making-a-tidy-future-65233-25499988/
http://redeye.firstround.com/2009/12/finding-the-dreamers.html
They can’t sing but I like it !!
A useful article and reference in Fresh Business Thinking ( which is a great site )
Appointment of Non-Executive Director
Basingstoke 21st December 2009: 365 iT plc, the IT services and solutions provider, is very pleased to announce the appointment of Pieter Hooft as a non-executive Director of the
Company.
Pieter Hooft is currently Managing Director of UK Investments for LMS Capital plc, the LSE listed international investment group. He has over 15 years’ investment experience in
management buyouts and development capital in the UK and across Europe.
Commenting on this appointment, Peter MacLean, 365 iT’s
chairman and chief executive, said: “I am delighted to
welcome Pieter to the Board. He has extensive experience of
helping companies achieve rapid and profitable growth and I
look forward to his contribution to the Board and to his
expertise and support for the continued development of the
Group.”
Pieter previously worked at Apax Partners and JPMorgan
Partners. Since joining LMS Capital in November 2006, Pieter has joined the boards of
Updata Infrastructure Holdings Ltd, Entuity Ltd, Kizoom Ltd, ITS Engineered Systems Inc and
First Index Inc.
Pieter is a Dutch national and is fluent in French and German. He was educated in The
Netherlands and at HEC Paris.
Notes to the Editor
365 iT plc was founded in 2005 and now employs over 85 people. Through its wholly owned
subsidiaries (365 iTechnology Ltd, 5i Ltd and 7 Global Group Ltd), the group provides an extensive
range of IT services and solutions that address the nine strategic functional areas in IT operations and
management: IT Managed Services, Unified Communications, Business Continuity, Data Backup, IT
Security, Virtualisation, Networks, Storage Solutions and Infrastructure solutions.
Enquiries:
Stephen Bean
Marketing-Alliance,
Tel: +44 (0) 7747 100000
www.365iTechnology.com
365 iT plc has acquired the IT managed services and computer hosting specialist 7 Global Group Ltd (7global) from LSE Listed ,LMS Capital plc and LMS have taken a 12.5% equity interest in 365 iT.
7global, based in Liverpool, was originally formed in 1999 and has
developed a portfolio of fully managed IT services specifically aimed at
software vendors and end user organisations that wish to take advantage of Software as a
Service (Saas). The acquisition strategically enhances 365 iT’s capabilities in the fast evolving IT
managed services sector. It also strengthens 365 iT’s business relationships with key global IT
providers which include Microsoft, Cisco and Citrix.
“This acquisition is an excellent fit for 365 iT” said Peter MacLean,
chairman and chief executive. “It strengthens our strategic position
within the IT managed services sector, whilst also extending our product
portfolio, our client base and our geographical presence. The combined
focus of the enlarged 365 iT Group will enable us to further develop our
strategy of rapidly expanding our revenue and market share.”
MacLean concluded; “The Group’s capabilities are further enhanced by
the substantial technical talent and strong customer support attitude
that is prevalent at 7global.”
“We remain positive about 7global’s prospects as a leading Saas
infrastructure provider in the UK. 365 iT is well positioned to accelerate 7global’s growth,
thanks to its scale and complementary service offering. Therefore we are delighted to become
a shareholder in 365 iT in order to share in the profitable growth of the combined business”
said Pieter Hooft, MD UK Investments LMS Capital plc.
“This acquisition is an important development for all our customers and employees” said Chris
Bithell, Managing Director of 7global. “I am personally very excited about the opportunities
the future holds for us and am very confident that 7global will play a major role in the
development of 365 iT.”
Notes to the Editor
1. 365 iT plc was founded in 2005 and now employs over 85 people. Through its wholly owned
subsidiaries (365 iTechnology Ltd, 5i Ltd and 7 Global Group Ltd), the Group provides an
extensive range of IT services and solutions that address the nine strategic functional areas in
IT operations and management: IT Managed Services, Unified Communications, Business
Continuity, Data Backup, IT Security, Virtualisation, Networks, Storage Solutions and
Infrastructure Solutions.
2. 7global will continue to operate under its brand and name and will trade as a wholly owned
subsidiary of 365 iT plc. All 7global’s executives and employees will remain with the enlarged
365 iT group. 7global provides a range of support services and IT managed services including
hosted Microsoft Dynamics CRM, software and server hosting and Software as a Service (Saas)
delivery from its data centres including its ISO 27001 registered data centre located in the
former bullion vaults of the Bank of England in Liverpool.
3. LMS Capital plc is an international investment company whose shares are listed on the
London Stock Exchange. The investment portfolio comprises investments in both the US and
UK, with a spread of early stage and second round technology investments, development
capital and mature company buy-outs.
Enquiries:
Stephen Bean
Marketing-Alliance,
Tel: +44 (0) 7747 100000
www.365iTechnology.com
www.7global.com
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