Kelway flogs ex-Equanet managed services minnow
Small hosting unit jumps from big fish reseller to Little Fish Hosting
Kelway has sold managed services minnow Remote IT Monitoring (RITM) to Little Fish Hosting.
RITM had been part of the Equanet acquisition that Kelway made earlier this year but it already delivers hosting services via its Peterborough service centre and decided to sell the unit.
Dan Laws, managing director at London-based Kelway, confirmed the move: "The focus of that business was 100-seat organisations which is not core to us".
Around 30 staff have transferred to the new owner, which turned over several million pounds a year.
"RITM are now part of a group that will invest in that small business market," Laws added to The Channel.
Equanet was acquired by Dixons Retail in 2005, when it was considered to be one of the most powerful mid-market resellers in the UK.
But over the years, and after numerous restructures and senior personnel departures, the firm lost its bite. The sales effectively ended Dixons' flirtation with B2B reselling. ®