Newark-based Timico has acquired Arcus Cloud Services Limited (ACS), the Amazon Web Services (AWS) advanced consulting firm, representing a further step towards Timico becoming one of the UK’s leading cloud-based managed service providers.
Cambridge-based ACS (a cloud native organisation, which has been an established AWS partner since 2011 with particular focus on public sector organisations) adds to Timico’s growing cloud capability and its continued investment into the UK public sector market – complementing Timico’s recent appointment to the G-Cloud 12 Framework.
With the support of Timico, ACS (previously part of the wider Arcus Global business) will build on its client propositions and services across cloud migrations, cloud contact centres and desktop-as-a-service offerings. ACS will further enable Timico’s digital and cloud-based transformation services by providing advice, design, implementation, and managed services across the AWS platform.
The multi-million-pound investment will bring new opportunities for both Timico and ACS customers through a broadening of digital services, delivering long-term strategic partnerships across a growing corporate, public sector and enterprise customer base, with traditional SMB and telephony customers now representing less than 10 per cent of total revenues.
Timico’s CEO, Neil Muller, said: “Arcus Cloud Services marks an exciting development in the continued evolution of our business and further strengthens the growing portfolio of our digital infrastructure services and solutions.
“The highly talented ACS team has an excellent pedigree as an established and trusted AWS partner, and we are delighted to be adding their knowledge and professional capability to our Hyperscale Hosting Practice. We’re looking forward to welcoming the ACS team to Timico and delivering our customers further long-term customer value.”
Arcus Cloud Services’ Managing Director, Tim Lancaster, said: “We are excited by this next step on our journey and I am confident we are joining the right people at Timico to enable further growth and success for both us, and our customers.”
Timico and ACS will continue to operate autonomously under their respective brands at this time.
Simon Hitchcock, Managing Partner at Horizon Capital, private equity backer to Timico, concluded: “Neil joined Timico two years ago and has successfully transformed the business.
“The ACS acquisition is an important step in building a market leader in the digital transformation market and is the third acquisition we have made with Timico since our investment. We look forward to supporting Timico in further acquisitions of technically brilliant, high growth businesses with strong cultures like ACS.”