The acquisition comes as part of Flotek’s plan for growth through acquisition, along with a vision of supporting SMEs in South Wales and beyond to be prepared for digital transformation. The acquisition adds £1.2m in revenue to Flotek’s turnover, as the business accelerates toward its ambitious growth target.
Founded by a trio of experienced entrepreneurs, Flotek’s core aim is of helping regional businesses access and embrace new technologies to enhance their operations and service offerings.
Jay Ball, CEO of Flotek, said: “We are delighted that Gower Business Systems is joining Flotek. The team there has developed an incredible reputation over the last 30 years, being a certified Microsoft partner and working proactively to provide tailored IT and tech solutions to clients.
“By integrating with Flotek, this enhances our delivery of dedicated care and support to SMEs, helping them adopt next generation technologies and delivering cost savings, scalability and growth.”
One of Wales’ most established MSPs, Gower Business Systems was founded by Mark Wyatt, former Wales Rugby Union player, and Mark Bowling and specialises in trusted service for the legal and professional services sector.
The pair and their team will continue on with roles at Flotek, adding 10 more members of staff to the Flotek team as the MSP embarks on its impressive growth plan centred around a buy and build acquisition strategy.
Mark Wyatt, Director of Gower Business Systems, said: “Having developed the business’ success during the past three decades, joining with Flotek is an exciting next step for the Gower Business team.
“We very much share Flotek’s ethos of helping regional SMEs utilise complete IT support and technologies to reach their full potential and are excited to be a part of the business’ growth.”
With a base at The Maltings, in Cardiff and now a second based in Swansea to extend coverage further with engineers closer to customers, Flotek is helping clients across South Wales to embrace cloud technology, with a well-structured management team and robust strategy for organic and acquisition growth.
Jay continued: “Our ambitious growth is centered around our fundamental values, to make sure we deliver services with expertise and passion. With people at our core, we have a clear vision of an employee-led, customer-focused business with a trusted name in the sector.”
The deal was advised on by dealmaking group GS Verde, who are actively working on acquisition opportunities for Flotek to support the ambitious growth plans set out by the founders.