Acquisition takes Dunstan Thomas Group to over £12m sales per year
Financial services software, IT consulting and training and wholesale energy market software provider Dunstan Thomas Group, has completed its largest acquisition yet with the purchase of Surya Solutions for an undisclosed sum.
Surya provides applications development, support, maintenance as well as testing services and solutions. The acquisition means that Dunstan Thomas Group sees a significant expansion of the Group which can now anticipate total annual sales in excess of £12m.
Surya Solutions will be brought into Dunstan Thomas Consulting, giving the Group’s subsidiary vital critical mass for supporting Europe’s largest systems integrators as well as doing more work with blue chip enterprises operating throughout the UK.
The acquisition comes with offices in Manchester to give Dunstan Thomas a physical footprint in the Northwest for the first time. Surya Solutions’ key directors Robert Talbot and Santosh Singh will join Dunstan Thomas Consulting’s board of directors. The enlarged £6m operation will be led by long-term Dunstan Thomas directors Luisa Partridge and Dave Holt.
Chris Read, Group Chief Executive, Dunstan Thomas Group, explained:
“This acquisition increases our IT consulting capacity considerably and will definitely help us win larger IT consulting and software development business all over the UK. It also provides new routes to market for our portal-based offerings for example. The fact that we now have an office in Manchester is also great news as it will make it easier to serve all our clients in the Midlands, Northwest and further north.”
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