Earlier this month our Managing Director, Andy Stevens, spoke to Comms Dealer about the recent of acquisition of Nouveau Solutions by VINCI Energies – a strategic decision that has led the business to be in a stronger position than ever before.
Reliving our journey from our humble beginnings to our establishment as an industry-leading IT Managed Services Company. We’ve selected a few of our highlights from Andy’s interview below – you can read the full article here.
“Our first big deal in 1995 brought money into the business and enabled us to start building a team and a regular client base, key milestones include achieving Microsoft Gold competency, Fortinet Platinum Partner, moving offices, achieving ISO27001 and 9001 and creating our own SaaS platform
We have built a SIEM proposition and proactive monitoring team, our security side of the business has more than quadrupled. We have also seen a reduction in traditional infrastructure as businesses move to the cloud and associated services. Current focus areas also include SD-WAN, vulnerability management, Security as a Service and building out our cloud stack.”
Choosing the right buyer
“The initial discussions on a possible sale began about a year ago… it was a case of understanding what we did, whether there was a fit and if there was a personal ambition for this to happen. There was no rush nor pressure. But as we continued to grow organically we felt that we could accelerate our growth through the right acquisition.
And, after our best year of trading, we still recognised the expansion we wanted would not come simply through organic growth alone. We didn’t want to sell our business to a private equity firm. We wanted to ensure that our existing team were on board and continue to support our growth moving forwards.”
Meeting the needs of our team
“We were not looking at the time we were approached by VINCI, however, after considerable due diligence and many conversations it became apparent that this could be a viable option which would give us what we personally wanted as well as meeting the needs and ambitions of our staff.
Around 20 per cent of our team have been with us for 10-plus years, we have a low staff turnover, practically no sickness and have built a great positive workplace.”
A time to maximise opportunities
“[VINCI Energies’ acquisition] in effect gives us a whole new channel opportunity, the support of VINCI will make Nouveau a more commercial proposition for new clients with sizeable deals. Our main priorities now are to transition the business and maximise the opportunities available to us through building relationships with other business units, while not taking our eye off the ball.”
Nouveau Solutions is a specialist IT Managed Services Company with a strategic focus on delivering cloud, infrastructure, compliance, network, and security solutions. We focus on making the complex simple, delivering results for your organisation.
To discuss how we can help your business maximise its use of technology to harness growth – speak to one of our IT consultants today on 01189 186822.