Yorkshire dealers get spliced
Phase CRS climbs on Concorde
Concorde Informatics has bought fellow Yorkshire reseller Phase CRS for an undisclosed sum.
Phase CRS boss Chris Walker joins the company as CTO and is taking a stake in the enlarged business.
Phase brings 24 people and £2m to the table, to take Concorde's pro forma revenues to £9m and headcount to 70.
This is Concorde's first M&A deal since it was bought just a month ago for a "seven figure consideration" by ICM Computer Group veterans Colin Meakins and Barry Roberts.
Concorde has HP and Microsoft badges and a couple of bespoke software divisions targeting the automotive and public safety sectors.
Here is the Phase CRS release, with quotes and stuff. ®