Pitmans Law has advised Roc Technologies in the acquisition of data centre, cloud and managed service specialist Esteem Systems.
The acquisition will enable both organisations to deliver on their clients’ needs to accelerate performance through business and digital transformation.
Roc continues to grow a strong reputation in the public and private sectors on digital transformation. They maintain significant customer traction in the Defence, Justice, Energy, Police, Higher Education, Airports, Life Sciences, Pharmaceutical and Legal sectors.
Esteem brings 30 years of experience and an exciting portfolio in Private Cloud, Data Management, Desktop, and Managed Services to the deal, and has become a strategic infrastructure and services partner in public and private sector.
The deal will bring together 350 employees across the UK and projected 2019 revenues of £80 million. It will also amalgamate the companies’ complimentary technology vendor partners including Citrix, Dell/EMC, HPE Aruba, Microsoft, Nutanix, Oracle, Tibco, UK Cloud and Cisco.
Matt Franklin, CEO of Roc Technologies says: “The acquisition of Esteem is a major milestone in Roc’s journey, doubling our size and number of employees. For a transaction of this criticality we needed a trusted team who were prepared to be flexible and to the extra mile.
“Pitmans were engaged to us as our legal partners and worked closely with us at all stages of the transaction, providing expert advice from key resources who had a really good understanding of the transaction process and our sector making the process an efficient and successful one for all parties.”
John Hutchinson, Managing Partner at Pitmans Law said: “Working with Roc Technologies to secure this deal has been a pleasure, and we have been delighted to be a part of the exciting developments. Matt’s ambition and drive for growth for the company is exciting and we look forward to seeing the rewards of this successful acquisition.”