Articles about Calyx Managed Services

Redcentric swoops on Calyx Managed Services in £12m breakup deal

Managed services biz Redcentric has snapped up Calyx Managed Services (CMS) for £12m, as part of the company's break-up. Last week, Calyx's maintenance and carrier services divisions were offloaded to Daisy Group and Chess, respectively, for a total of £5.5m. The carve up follows the purchase of Calyx MS by MXC Capital, with …
Kat Hall, 02 Apr 2015

Calyx Managed Services break-up begins. Just like we told you

The expected break-up of Calyx Managed Services has started, with the maintenance and carrier services divisions offloaded to Daisy Group and Chess Ltd respectively for a total of £5.5m in cash. It always seemed inevitable that Calyx MS would be carved up and sold off when private equity fund MXC Capital paid £9m to buy the …
Paul Kunert, 24 Mar 2015

Ailing Calyx Managed Services flogged to MXC Capital for £9m

Private equity fund Better Capital has offloaded troubled Calyx Managed Services to tech investment and advisory house MXC Capital for £9m in what signifies a likely break-up of the biz. VC veteran Jon Moulton’s Calyx MS came on the market before Christmas, with corporate financier Rickitt Mitchell & Partners distributing an …
Paul Kunert, 23 Feb 2015

'My work here is done, tata!' - Calyx Managed Services chief

Calyx Managed Services (MS) is splitting with CEO Martin Mackay after less than two years in the seat. Former Azzurri ops director Steve Clark will replace him. The departure date of Mackay, former European bigwig at Northgate Information Solutions and international veep at VeriSign is confirmed as the end of August. He pitched …
Paul Kunert, 31 Jul 2012
slice of pizza

Revenue up 62 per cent, as Redcentric posts bumper post-buy results

Managed services biz Redcentric reported a significant increase in sales and profits for its full-year 2015 results, as the firm's acquisition strategy began to bear fruit. The Yorkshire outfit posted an increase in revenue of 62 per cent to £94.3m, compared with 2014. Profits rose to £8m from £1.8m for the same period. The …
Kat Hall, 15 Jun 2015
hands waving dollar bills in the air

Calyx gives up reselling, axes jobs

Calyx has disbanded its reselling team with the loss of some jobs as it pins future growth ambitions on managed services and cloud computing. The Better Capital-owned outfit, which is also parting with CTO Joe Mayhew, said it is on the lookout for potential acquisitions in the space to boost its standing. Martin Mackay, CEO at …
Paul Kunert, 15 Sep 2011
hands waving dollar bills in the air

Calyx Software seals two reseller acquisitions for £6m

Private equity veteran Jon Moulton's buy-and-build vehicle Better Capital has forked out £6m for Cheshire-based developer Trinity Computer Services and the software reselling arm of Touchstone Group to bolt onto Calyx Software. These represent the first two acquisitions that Moulton has made since he rescued Calyx from …
Paul Kunert, 07 Jun 2011
The Register breaking news

Parliament's expenses body spent £2.2m on IT

The newly minted Independent Parliamentary Standards Authority has spent £2.2m on IT to get itself up and running, a commons answer revealed yesterday. Bob Russell MP asked what services Calyx UK provided to the authority and whether it had considered other suppliers. Charles Walker, representing the Speaker's Committee for the …
Joe Fay, 04 Mar 2011